Mattr Corp. Secures C$175M in Note Financing
Company Announcements

Mattr Corp. Secures C$175M in Note Financing

ShawCor Ltd. (TSE:MATR) has released an update.

Mattr Corp. has completed a C$175 million private offering of 7.25% senior unsecured notes due in 2031, aiming to refinance its higher-interest 2026 Notes and for corporate purposes. The offering was managed by a syndicate including National Bank Financial Markets and TD Securities, targeting accredited Canadian investors and qualified institutional buyers in the U.S. Mattr Corp. operates in critical infrastructure markets with a focus on sustainable technology and materials.

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

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