Husky Energy Completes Senior Unsecured Notes Offering

Husky Energy Inc. (“Husky”) completed the issuance of US$500 million of senior unsecured notes (the “Notes”) in a public offering (the “Offering”). The Notes bear interest at 3.950 per cent and will be maturing on April 15, 2022.

The joint book-running managers for the Offering were Citigroup Global Markets Inc., Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated with CIBC World Markets Corp., HSBC Securities (USA) Inc., RBC Capital Markets LLC, TD Securities (USA) LLC, Scotia Capital (USA) Inc., BMO Capital Markets Corp., Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and SMBC Nikko Capital Markets Limited acting as co-managers (collectively, the “Underwriters”).

Jim Girgulis, Vice President, Legal & Corporate Secretary and Jim Cook, General Manager, Legal, of Husky led a team of external counsel consisting of Borden Ladner Gervais LLP as Canadian counsel to Husky, with a team that included Dan Kolibar, Lloyd McLellan, Louise Lee, Scott Cedergren and Kevin Smith, and Jones Day as US counsel to Husky, with a team that included Chris Hilbert, Brad Brasser, Steven Babinski and Michael Austin.

Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as US counsel to the Underwriters, with a team that included Andrew Foley, Stephen Centa, Anat Aronowicz, Matthew Vittone, David Sicular and Kate Belzberg.