TSX:ARXOil and Gas
Is ARC Resources (TSX:ARX) Using Its Debt Refinancing To Quietly Redefine Its Risk‑Reward Playbook?
In February 2026, ARC Resources Ltd. announced a C$950 million senior unsecured notes offering, split between C$400 million 3.349% Series 5 notes due 2029 and C$550 million 4.104% Series 6 notes due 2033, provisionally rated BBB with a Stable trend by Morningstar DBRS.
The company plans to use the proceeds to redeem existing Series 1 notes and repay its C$500 million term loan, effectively reshaping its debt mix without increasing total borrowings and reinforcing its investment‑grade credit...