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Shawcor Ltd.

09:33 AM EST - Shawcor Ltd. : Has successfully closed its previously announced private offering of $150 million aggregate principal amount of 9.00% senior unsecured notes due 2026. The Company will utilize net proceeds of the Offering to repay amounts outstanding under its existing syndicated credit facility. Shawcor Ltd. shares T.SCL are trading unchanged at $4.69.