WHITECAP RESOURCES ANNOUNCES $300 MILLION OFFERING OF SENIOR NOTES
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 18 2025
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Source: Yahoo Finance
Whitecap Resources Inc. Offering: Whitecap Resources has announced a $300 million offering of senior unsecured notes with a 3.761% interest rate, due June 19, 2028, aimed at repaying existing debt and for general corporate purposes.
Credit Rating Upgrade: The company's credit rating was upgraded to BBB by DBRS, reflecting an improved credit profile, and the notes have also received a provisional BBB rating from the same agency.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
