North American Energy calls C$9.93 million of 9 1/8% notes due 2017

By Marisa Wong

Morgantown, W.Va., March 24 – North American Energy Partners Inc. will redeem C$9,927,000 of its outstanding 9 1/8% series 1 senior debentures due 2017 on April 27, according to a 6-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus accrued interest of about C$5.00 per C$1,000 principal amount.

The record date for the partial redemption will be April 22.

The company currently has C$19,927,000 of the notes outstanding.

North American Energy is an Edmonton, Alta.-based provider of heavy construction, mining, piling and pipeline services.

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