Suncor Energy $1 billion senior notes offering
Davis Polk advised the joint book-running managers and as representatives of the several underwriters in connection with an SEC-registered debt offering by Suncor Energy Inc. of $1 billion in aggregate principal amount of senior notes, consisting of $450 million in aggregate principal amount of 2.800% senior notes due 2023 and $550 million in aggregate principal amount of 3.100% senior notes due 2025.
Based in Calgary, Alberta, Canada, Suncor Energy Inc. is an integrated energy company and is strategically focused on developing one of the world’s largest petroleum resource basins – Canada’s Athabasca oil sands. Suncor also explores for, acquires, develops, produces and markets crude oil in Canada and internationally. Suncor transports and refines crude oil and markets petroleum and petrochemical products primarily in Canada. Suncor also operates a renewable energy business and conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.
The Davis Polk corporate team included partner Byron B. Rooney and associates Jennifer Ying Lan, Amy Mao and Chloe Wang. The tax team included counsel Leslie J. Altus and associate Tomislava Dragicevic. The environmental team included counsel David A. Zilberberg and associate Michael Comstock. All members of the Davis Polk team are based in the New York office.