Osisko Development Announces Proposed Offering of US$275.0 Million Aggregate Principal Amount of Convertible Senior Notes
Osisko Development Corp. plans to raise US$275 million through a private placement of convertible senior notes, with proceeds to finance development of its Cariboo Gold Project and general corporate needs. The offering includes provisions for capped call transactions to mitigate dilution risk and features an option for additional notes issuance. Th…