Toromont Prices Private Offering of Cdn$300 Million 3.76% Senior Unsecured Notes Due 2030
Toromont Industries Ltd. (TSX: TIH) ("Toromont") announced today that it has priced a Canadian offering of Cdn$300 million aggregate principal amount of 3.76% senior unsecured notes due 2030 ("Notes"). The offering is expected to close on March 28, 2025, subject to customary closing conditions. The Notes will be unsecured, unsubordinated obligations of Toromont and will rank pari passu with its other unsecured, unsubordinated debt.