North American Energy Partners Inc. completes C$225 million offering of debentures on private placement basis

Date Closed: 4/07/2010

Value: C$225 million

On April 7, 2010, North American Energy Partners Inc. (NAEP) completed an offering of series 1 senior unsecured debentures due 2017 in the aggregate principal amount of CAD$225 million. The offering was made by way of a private placement. The debentures were sold through a syndicate of underwriters led by CIBC World Markets Inc. and included Scotia Capital Inc., Jefferies & Company, Inc., TD Securities Inc. and HSBC Securities (Canada) Inc.

NAEP was represented in Canada by BLG with a team that consisted of Frank Callaghan, Gordon Raman, Terence Lui, Vanessa McMinn and Habeeb Syed (corporate and securities), Larissa Tkachenko and Danny Lang (tax) and Howard Silverman (financial services).