Home / Business and Economy / Bird Construction Plans First-Ever Bond Offering
Bird Construction Plans First-Ever Bond Offering
6 Jun
Summary
- Bird Construction is Canadian, a lead partner for Saskatchewan data center.
- The company seeks to raise C$250 million through its first bond sale.
- This marks Bird Construction's initial foray into debt markets.
Bird Construction, a Canadian building firm, is preparing to issue bonds for the first time. The company intends to raise around C$250 million (approximately $181 million) through this debt offering. This initiative marks a significant step for Bird Construction as it enters the capital markets to secure funding.
The company has recently been appointed as the lead construction partner for a data center project located in Saskatchewan. This new bond issuance is expected to provide the necessary capital to support its expanding business activities and upcoming projects, including the data center venture.
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