Finning International Inc. announced a private placement of 4.778% senior unsecured notes due February 13, 2029 for CAD 425,000,000 on February 8, 2024. The debentures will bear a interest rate of 4.778% and will mature on February 13, 2029. The interest on the notes is payable semi-annually, commencing on August 13, 2024.

The note will rank pari passu with existing senior unsecured obligations of company. The transaction is expected to close on February 13, 2024.