AtkinsRéalis announced a private placement of 5.7% Series 8 unsecured debentures for proceeds of CAD 400,000,000 on March 26, 2024. The debentures will mature on March 26, 2029. The debentures will be issued at par and the transaction is expected to close on or about March 28, 2024, subject to customary closing conditions.

The debentures will be offered in Canada. The interest will be payable in equal semi-annual instalments, in arrears, on March 26 and September 26 of each year until maturity, commencing on September 26, 2024. The Series 8 Debentures will be subject to a restricted period ending four months and one day from the day of issuance in accordance with applicable securities laws.