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Cenovus Energy Inc. Closes
$1.25 Billion Notes Offering

Paul, Weiss client Cenovus Energy Inc. closed a public offering of $500 million of 3.000% Notes due 2022 and $750 million of 4.450% Notes due 2042.  Barclays Capital Inc., Deutsche Bank Securities Inc., RBS Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Credit Suisse Securities (USA) LLC acted as joint bookrunning managers. The offering was made in the United States under Cenovus' previously filed base shelf prospectus dated June 6, 2012.

Headquartered in Calgary, Alberta, Cenovus is a Canadian integrated oil company with oil sands projects in northern Alberta, established natural gas and oil production in Alberta and Saskatchewan and ownership interests in two U.S. refineries. 

The Paul, Weiss team included corporate partner Andrew Foley, counsel Stephen Centa; tax partner David Sicular; and environmental counsel William O'Brien.

Posted on Aug 17, 2012
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