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ATS Corp
Symbol ATS
Shares Issued 97,926,161
Close 2024-08-21 C$ 37.35
Market Cap C$ 3,657,542,113
Recent Sedar Documents

ATS closes $400-million senior note financing

2024-08-21 16:25 ET - News Release

Mr. David Galison reports

ATS ANNOUNCES CLOSING OF $400 MILLION SENIOR NOTES OFFERING

ATS Corp. has successfully closed its previously announced private placement offering of $400-million aggregate principal amount of 6.50-per-cent senior unsecured notes due Aug. 21, 2032 (the notes). As previously stated, the company intends to use the net proceeds of the offering to pay outstanding amounts owed under the revolving line of credit available under its senior syndicated credit facility.

The offering was underwritten by a syndicate of underwriters, led by National Bank Financial Inc. and RBC Dominion Securities Inc., and included Scotia Capital Inc., TD Securities Inc., J.P. Morgan Securities Canada Inc., Raymond James Ltd., UniCredit Capital Markets LLC and Stifel Nicolaus Canada Inc.

About ATS Corp.

ATS is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products, and value-added solutions including preautomation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, transportation, food and beverage, consumer products, and energy. Founded in 1978, ATS employs over 7,000 people at more than 65 manufacturing facilities and over 85 offices in North America, Europe, Southeast Asia and Oceania. The company's common shares are traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ATS.

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