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Greenfire Completes $312.5 Million Private Placement

August 23, 2021/less than a minute

Carter Ledyard client GAC HoldCo Inc., or Greenfire, completed a private placement of 312,500 units consisting of $312,500,000 aggregate principal amount of Senior Secured Notes and 312,500 warrants. Greenfire is an emerging energy company focused on profitable acquisition and sustainable development of thermal oil assets in the Athabasca region of Alberta, Canada.

Carter Ledyard’s Guy P. Lander, Guy Ben-Ami,  Andris J. Vizbaras, Steven Paul McSloy, Jennifer MacDonald, Matthew Schwartz, Paul J. Brown and Victoria Rudtke acted as US counsel with Burnet, Duckworth & Palmer LLP acting as Canadian counsel.

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    Guy P. Lander

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