Financings
ARC RESOURCES LTD. ANNOUNCES THE CLOSING OF ITS OFFERING OF SENIOR UNSECURED NOTES

ARX · Price
Executive Summary
- ARC Resources Ltd. closed a C$950 million senior unsecured notes offering (C$400 M @ 3.349% due 2029 and C$550 M @ 4.104% due 2033).
- Net proceeds will be used to redeem $450 M of 2.354% Series 1 Notes and repay the outstanding balance on a $500 M term loan.
- The notes received a BBB rating with a Stable trend from Morningstar DBRS, indicating investment‑grade credit quality.
Key Details
- Offering Size: C$950 million aggregate principal amount.
- Series 5 Notes: C$400 million aggregate principal; 3.349% interest; maturity 2029.
- Series 6 Notes: C$550 million aggregate principal; 4.104% interest; maturity 2033.
- Rating: BBB, Stable trend (Morningstar DBRS).
- Use of Proceeds:
- Redemption of $450 M aggregate principal amount of 2.354% Series 1 Notes.
- Repayment of outstanding amounts under ARC’s existing $500 M term loan.
- Syndicate Lead Agents: CIBC Capital Markets, RBC Capital Markets, TD Securities (co‑led).
- Security Structure: Direct senior unsecured obligations; pari passu with all other existing and future unsecured, unsubordinated indebtedness of ARC.
Notable Quotes
(No executive quotes were included in the release.)
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Jun 12, 2026 · 08:00