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Stock impact report

Cameco Announces $500 Million Debenture Offering by Private Placement [Yahoo! Finance]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
Company Research Source: Yahoo! Finance
SASKATOON, Saskatchewan, May 21, 2024 BUSINESS WIRE Cameco (TSX: CCO; NYSE: CCJ) announced today that it has priced a private placement of senior unsecured debentures (the "Offering") consisting of $500 million principal amount of 4.94% Senior Unsecured Debentures, Series I maturing on May 24, 2031 (the "Series I Debentures"). The closing of the Offering is expected to take place on May 24, 2024. Cameco intends to use the net proceeds of the Offering to retire all of its outstanding 4.19% Senior Unsecured Debentures, Series G at or prior to the maturity date of June 24, 2024 (the "Series G Debentures"). "Consistent with the conservative financial management we have demonstrated, our capital allocation decisions are focused on maintaining the financial flexibility to execute on our strategy," said Grant Isaac, Cameco's Executive Vice-President and CFO. "In a market where we believe the demand for secure and carbon-free nuclear electricity generation and the fuel required to run re Show less Read more
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