Cenovus Energy Completes US$1.25B Debt Offering

Cenovus Energy Inc. completed a public offering in the United States of US$500 million of 10-year senior unsecured notes and US$750 million of 30-year senior unsecured notes. Barclays Capital Inc., Deutsche Bank Securities Inc., RBS Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Credit Suisse Securities (USA) LLC acted as joint book-running managers.

Cenovus Energy Inc. is a Canadian integrated oil company. Operations include oil sands projects in northern Alberta, established natural gas and oil production in Alberta and Saskatchewan and a 50 per cent ownership in two US refineries.

Cenovus Energy Inc. was represented by its in-house legal team of Kerry Dyte, Carla Tait and Sean MacLachlan; Norton Rose Canada LLP acted as its Canadian counsel, with a team in Calgary that included Kevin Johnson, Don Tse and Peter Allegretto (secur-ties) and Darren Hueppelsheuser (tax); and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as its US counsel, with a team in Toronto and New York that included Andrew Foley (corporate); Ayalon Eliach (tax); William O'Brien (environmental); Steve Centa and Christian Kurtz (corporate) and David Sicular (tax).

The joint book-running managers were represented by Shearman & Sterling LLP, with a team in Toronto. The Shearman & Sterling team included Jason Lehner, Kevin Roggow and Peter Dueck (securities).


William J. O'Brien Andrew J. Foley David R. Sicular Peter J. Allegretto Darren D. Hueppelsheuser Don Tse Jason Lehner Kevin E. Johnson


Norton Rose Fulbright Canada LLP Paul, Weiss, Rifkind, Wharton & Garrison LLP Shearman & Sterling LLP