Suncor Energy Inc.
Description
Priced an offering of senior unsecured notes due 2051. Proceeds will be used for the repayment of commercial paper and for general corporate purposes. Pending any such use of the net proceeds, Suncor intends to invest the net proceeds in bank deposits and short-term marketable securities. CIBC World Markets Inc., RBC Dominion Securities Inc. and TD Securities Inc. led the syndicate of dealers.