Husky Energy Completes US$750M Senior Unsecured Notes Offering

Husky Energy Inc. completed the issuance of US$750 million of senior unsecured notes in a public offering. The notes bear interest at 4 per cent and mature on Apr. 15, 2024.

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

Jim Cook, Vice President, Legal, of Husky led a team of external counsel consisting of Borden Ladner Gervais LLP as Canadian counsel to Husky, with a team of Dan Kolibar, Lloyd McLellan, Louise Lee, Peter Newman and Lindsay Holmes; and Jones Day as US counsel to Husky with a team of Bradley Brasser, Steven Babinski, Ashna Zaheer, Amanda Gabai and Colleen Laduzinski.

Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as US counsel to the underwriters with a team including Andrew Foley, Tim Phillips, Christodoulos Kaoutzanis and David Sicular.