The Smart Marty Sky Dispatch
Chorus Aviation Announces Pricing of C$250 million 7.00% Senior Unsecured Notes Due 2031 and Intention to Redeem Series C Debentures
Chorus Aviation Inc. (TSX: CHR) ("Chorus" or the "Company") announced today that it has priced a private offering (the "Offering") of C$250 million aggregate principal amount of 7.00% senior unsecured notes due November 19, 2031 (the "Notes"). In connection with the Offering, the Company has entered into an underwriting agreement with a syndicate of underwriters for the sale of the Notes. The Notes will be issued at a price of C$1,000 per C$1,000 principal amount.
Chorus Aviation Inc. announced the pricing of a private offering for C$250 million in aggregate principal amount of senior unsecured notes. The notes carry a 7.00% interest rate and are due in 2031.
The company also stated its intention to redeem Series C Debentures. Details on timing or terms of the redemption were not provided in the material.
The offering is described as private, and the proceeds are intended for general corporate purposes, according to the information available. Specific use of proceeds was not elaborated in the provided material.
Chorus Aviation operates under the ticker CHR on the TSX, with the announcement issued through Yahoo! Finance Canada as part of its standard disseminations for market updates. The date of the announcement aligns with the publication timestamp of 2026-11-12 22:18:00.
Further specifics about the offering, such as the exact closing date, the ranking of the notes, or any conditions to completion, were not included in the supplied material.