Cenovus Energy completes a $2.6B public offering of senior notes
On November 20, 2025, Cenovus Energy Inc. ("Cenovus") completed a $2.6 billion public offering in Canada and the United States of senior notes. The notes are comprised of C$650 million of 4.250% senior unsecured notes due 2033, C$550 million of 4.600% senior unsecured notes due 2035, US$500 million of 4.650% senior unsecured notes due 2031, and US$500 million of 5.400% senior unsecured notes due 2036.
Cenovus, headquartered in Calgary, Alberta, is an integrated energy company with operations in oil sands, conventional oil and natural gas production, and refining across North America.
McCarthy Tétrault LLP advised Cenovus with a team led by Toby Allan and John Piasta that included Rebecca Wieschkowski, Jon Brisebois, Conrad Parken, Farhiyah Shariff (Business), Daniel Downie, Brett Anderson, Erica Hennessey, and Matthew Kraemer (Tax).
