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Mullen Group Ltd. Announces Closing of Private Placement Notes Offering
Globenewswire·2025-07-11 06:06

OKOTOKS, Alberta, July 10, 2025 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. (“Mullen Group”, “We”, “Our” and/or the “Corporation”) announces that it has closed its previously announced private placement (the “Offering”) of approximately CAD400.0millionaggregateprincipalamountseniorsecurednotesdueJuly10,2037(theNotes).TheNotesconsistofanaggregateprincipalamountofUS400.0 million aggregate principal amount senior secured notes due July 10, 2037 (the “Notes”). The Notes consist of an aggregate principal amount of US50.0 million with a yield of 6.91% per annum and CAD$325.0 million with a yield of 6.04% per annum. The Notes are ...