Page ContentFinning International completes £70 million private placementClosing Date: 5/22/2013Value: £70 millionOn May 22, 2013, Finning International Inc. completed a private placement of £70 million principal amount of senior unsecured notes (the Notes). The sale of Notes is comprised of one series: the £70 million 3.40% Senior Notes, Series F, due May 22, 2023. The ten-year Notes will rank pari passu with Finning's existing senior unsecured obligations. Proceeds will be used to fund the repayment of the Company's current 5.625% £70 million Eurobond, due May 30, 2013. BLG acted as primary counsel for Finning with a team led by Tim Sehmer (lending) and Warren Learmonth (securities and capital markets) and including Andrew Bull and Andy Roy.