Harvest Operations Corp. - 2010-10-05

Completed its offering of US$500 million aggregate principal amount of its 6 7/8% senior notes due 2017, and the early settlement of its previously announced cash tender offer and consent solicitation with respect to its outstanding 7 7/8 % senior notes due 2011. Harvest Operations used a portion of the net proceeds from the issuance of the 6 7/8% senior notes to fund the payment of consideration and costs relating to the offer. As of Sept. 30, approximately US$178.3 million aggregate principal amount of the 7 7/8% senior notes had been validly tendered and not withdrawn, which represented approximately 86% of the outstanding aggregate principal amount of these notes.