NorthRiver Midstream subsidiaries complete senior secure bonds issuance

On February 12, 2024, (i) NRM Cabin Intermediate #1 Limited Partnership and NRM Cabin Finance #1 Limited Partnership, as co-issuers, completed their issuance of $241,224,000 aggregate principal amount of 5.583 percent Senior Secured Bonds due July 31, 2033 and (ii) NRM Cabin Intermediate #2 Limited Partnership and NRM Cabin Finance #2 Limited Partnership, as co-issuers, completed their issuance of $221,867,000 aggregate principal amount of 6.630 percent Senior Secured Bonds due July 31, 2033. The issuers are wholly owned subsidiaries of NorthRiver Midstream Inc.

McCarthy Tétrault advised RBC Dominion Securities Inc. and Scotia Capital Inc., as Agents with a team led by Gordon Baird that included Audrey Bouffard-Nesbitt, Kristin Dosen, Obruche Heinanen (Financial Services), Michael Eldridge, Sarah Ferguson (Securities), Matthew Kraemer, Taylor Page (Tax), Walker MacLeod (Bankruptcy), Kerri Howard and Ashley Urch (Oil and Gas).

Public/Private Offering
Energy
$ 463,000,000
Closed
12 February 2024