Financial Services

Canadian Natural Resources Limited in the restructuring of the North West Redwater Refinery

Canadian Natural Resources Limited
Team
Colena Der

Partner, Tax, Calgary

Edward Rowe

Partner, Tax, Calgary

 

On July 5, 2021, Canadian Natural Resources Limited (CNRL) completed a restructuring of North West Redwater Refinery in Sturgeon County Alberta.  The transaction included a bond issuance, amendment of its senior secured credit facilities and consent solicitation from existing bonds. 

CNRL is an independent crude oil and natural gas exploration, development and production company based in Calgary, Alberta.

Osler, Hoskin & Harcourt represented CNRL with a team consisting of Lorne Carson (Corporate), Dana Saric (Financial Services), Edward Rowe and Colena Der (Taxation).

 

Value
$1.8 billion
Date Closed
July 5, 2021
Lead Office
Calgary
Team
Colena Der

Partner, Tax, Calgary

Edward Rowe

Partner, Tax, Calgary