My Guess is the Market is not impressed with this news /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
CALGARY, AB, March 4, 2021 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announced today an offering of Cdn$1.0 billion aggregate principal amount of senior unsecured notes (the "Offering"), consisting of Cdn$450 million aggregate principal amount of 2.354% Senior Unsecured Notes, Series 1 due 2026 (the "Series 1 Notes") and Cdn$550 million aggregate principal amount of 3.465% Senior Unsecured Notes, Series 2 due 2031 (the "Series 2 Notes", together with the Series 1 Notes, the "Notes"). The Notes are being offered on a private placement basis to accredited investors in Canada. The closing of the Offering is expected to occur on or about March 10, 2021.