Financing ·
Osisko Gold Group prices $600M of senior secured notes due October 1, 2031 at par
ODVOsisko Gold Group Inc.
Osisko Gold Group Inc. announced the pricing of an upsized US$600 million offering of 9.250% senior secured notes due October 1, 2031, at par (100.0%). The company intends to use approximately US$120.9 million of net proceeds to repay its existing Appian Capital Advisory project loan facility and fund interest reserve accounts, with remaining funds advancing construction of the Cariboo Gold Project in British Columbia. Interest payments are semi-annual, commencing April 1, 2027. The offering is expected to close on September 30, 2026. Osisko Gold Group Inc. operates as a gold development company focused on mining projects in North America.