ATS Corporation Completes $400M Senior Notes Offering

ATS Corporation (TSE:ATS) has released an update.

ATS Corporation has finalized the issuance of C$400 million in senior unsecured notes, due in 2032 with a 6.50% return, aimed at repaying debts from its credit facility. The offering, underwritten by a team including National Bank Financial and RBC Dominion Securities, was privately placed with accredited investors in Canada and qualified institutional buyers in the United States. ATS, a global leader in automation solutions for various industries, has a significant workforce and operates multiple manufacturing and office locations worldwide.

For further insights into TSE:ATS stock, check out TipRanks’ Stock Analysis page.