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Cenovus Energy Completes $1.85 Billion Senior Notes Offering
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Cenovus Energy completed a $1.85 billion public offering of senior notes in Canada and the US. The offering includes CA$650 million of 4.25% notes due 2033, CA$550 million of 4.60% notes due 2035, $500 million of 4.65% notes due 2031, and $500 million of 5.40% notes due 2036. Proceeds will be used to refinance existing notes and for general corporate purposes. Cenovus shares rose 2.4% following the announcement.
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