Mattr Corp. confirmed on April 2, 2024, that it has successfully closed its previously announced private offering of CAD 175 million aggregate principal amount of 7.25% senior unsecured notes due 2031 (the Notes). As previously stated, the company will utilize proceeds of the offering to fund the redemption of its outstanding 9.00% senior unsecured notes due 2026 (2026 Notes), to pay fees and expenses related to the Offering and for general corporate purposes.

The Offering was underwritten by a syndicate of underwriters, led by National Bank Financial Markets and TD Securities. The Notes were offered for sale in Canada to accredited investors on a private placement basis, in accordance with Canadian securities laws. The Notes were not registered under the U.S. Securities Act, or any state securities laws, and were offered and sold in the United States to qualified institutional buyers only, pursuant to Rule 144A of the U.S. Securities Act, and outside of the United States in accordance with Rule 903 of Regulation S under the U.S. Securities Act.