Back to News
May 27, 2026 8:00 PM

Bird Announces Pricing of Canadian Private Placement of $250,000,000 Aggregate Principal Amount of Senior Notes

MISSISSAUGA, Ontario, May 27, 2026 (GLOBE NEWSWIRE) -- Bird Construction Inc. ("Bird" or the "Company") (TSX:BDT) announced today that it has priced a Canadian private placement of 4.397% Canadian dollar denominated senior notes due June 1, 2031 (the "Notes") in an aggregate principal amount of $250,000,000 (the "Offering"). Bird expects to use the net proceeds from the Offering to repay all of Bird's outstanding debt under its non-revolving term loan facility (approximately $204 million) and to apply the balance for general corporate purposes, which may include repayment of amounts drawn under revolving credit facilities or funding future acquisitions. The Offering ...