Stella-Jones (TSE:SJ) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Stella-Jones Inc. has launched a C$400 million offering of senior unsecured notes, with a 4.312% interest rate payable semi-annually and maturing in 2031. The proceeds will be used primarily to repay existing revolving credit facility debts, with any surplus allocated for general corporate purposes. The offering, which has received a provisional rating of ‘BBB’, is expected to close on October 1, 2024.
For further insights into TSE:SJ stock, check out TipRanks’ Stock Analysis page.
