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Mikisew Cree First Nation

Company Summary

Website

http://mikisewcree.ca/

Recent news

  • 11/27/2017 - Suncor Closes on $503... (subscriber access)
  • 10/18/2016 - Suncor Sells 14.7%... (subscriber access)

Company Transactions

Date: 11/27/2017
Type: Acquisition

BUYERS:
  • Mikisew Cree First Nation
  • Fort Mckay First Nation
    • SELLERS:
  • Suncor Energy Inc.
    • PROJECTS:
  • Suncor East Tank Farm Project
    • DETAILS:

    COST: 503 $MM

    NOTES:
    Suncor has closed on the sale of a 49% stake in the East Tank Farm Development to Fort McKay and Mikisew Cree First Nations for a total of $503 million. The deal was financed through the issuance of $545 million in Senior Notes due 2041.
    REGIONS:
  • Fort McMurray Region