Osisko Development plans US$ 275 million convertible senior notes offering due 2031
PUBT · 4h ago
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- Osisko Development announced a proposed offering of US$275 million of convertible senior notes due 2031.
- The deal includes US$225 million in notes in a private placement, an option for initial purchasers to buy up to an additional US$25 million, and a separate concurrent private placement of up to US$50 million of notes to an affiliated investor.
- Proceeds earmarked for development of the Cariboo Gold Project, capped call transactions, and general corporate purposes.
- Notes are expected to be convertible into cash, common shares, or a combination of both at the issuer’s election.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Osisko Development Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605201601PRIMZONEFULLFEED9724151) on May 20, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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