Aecon completes $150 million public offering of convertible debentures

Aecon completes $150 million public offering of convertible debentures 
TORONTO, Nov. 27, 2013 /CNW/ - Aecon Group Inc. ("Aecon" or the "Company") 
(TSX: ARE) today announced that it has completed its previously announced 
public offering of $150 million aggregate principal amount of 5.50% 
convertible unsecured subordinated debentures due December 31, 2018 (the 
The offering of Debentures was completed on a bought deal basis through a 
syndicate of underwriters led by TD Securities Inc. and GMP Securities L.P. 
Aecon has also granted the underwriters an over-allotment option to purchase 
up to an additional $22.5 million aggregate principal amount of Debentures, 
exercisable in whole or in part for a period of 30 days following closing of 
the offering, to cover over-allotments, if any. 
As previously announced, Aecon intends to use the net proceeds of the offering 
to refinance at maturity Aecon's 7.0% convertible unsecured subordinated 
debentures due September 30, 2014 and, in the interim, for general corporate 
The securities offered have not been and will not be registered under the U.S. 
Securities Act of 1933, as amended, and may not be offered or sold in the 
United States absent registration or an applicable exemption from the 
registration requirements of such Act. This press release shall not constitute 
an offer to sell or the solicitation of an offer to buy the securities in any 
Aecon Group Inc. is a Canadian leader in construction and infrastructure 
development providing integrated turnkey services to private and public sector 
clients. Aecon is pleased to be consistently recognized as one of the Best 
Employers in Canada. 
This press release includes certain forward-looking statements with respect to 
the Company and the offering of Debentures which are necessarily based on a 
number of estimates and assumptions that, while considered reasonable by the 
Company, are inherently subject to significant risks, uncertainties, and 
contingencies. These "forward-looking" statements are based on currently 
available information but are subject to risks and uncertainties. In addition 
to general global events outside Aecon's control, there are factors which 
could cause actual results, performance or achievements to vary from those 
expressed or inferred herein including risks associated with the ability to 
satisfy regulatory and commercial closing conditions of the offering, the 
uncertainty associated with accessing capital markets and the risks related to 
Aecon's business. Risk factors are discussed in greater detail in the section 
on "Risk Factors" in the Company's Annual Information Form filed on March 27, 
2013 and available at Forward-looking statements may include, 
without limitation, statements regarding the over-allotment option and 
expected use of proceeds of the offering. Forward looking statements, may in 
some cases be identified by words such as "will," "plans," "believes," 
"expects," "anticipates," "scheduled," "estimates," "projects," "intends," 
"should" or the negative of these terms, or similar expressions. Except as 
required by applicable securities laws, forward-looking statements speak only 
as of the date on which they are made and Aecon undertakes no obligation to 
publicly update or revise any forward-looking statement, whether as a result 
of new information, future events or otherwise.

SOURCE  Aecon Group Inc. 
Vince Borg Senior Vice President, Corporate Affairs Aecon Group Inc. 
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CO: Aecon Group Inc.
ST: Ontario
-0- Nov/27/2013 13:34 GMT
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