New Gold Inc.'s cross-border offering of US$400M aggregate principal amount of 6.875% senior notes
On March 4, 2025, New Gold Inc. announced the pricing of its previously announced offering of US$400 million aggregate principal amount of 6.875% Senior Notes due 2032 and a related tender offer for all of its 7.50% notes due 2027.
BofA Securities and BMO Capital Markets acted as representatives of the initial purchasers for the offering and as dealer managers in the tender offer.
McCarthy Tétrault advised BofA Securities with a team led by Andrew Parker and Nancy Choi that included Geena Lee (Corporate and Securities), Kabir Jamal, Stefanie Morand and Benjamin Felsher (Tax) and Heather Meredith (Bankruptcy and Insolvency).
