Badger Daylighting Ltd. (TSX:BAD) announced a private placement of 4.83% senior secured - notes due 2022 to Prudential Capital Group, L.P. for gross proceeds of $75 million on January 24, 2014. The notes have an interest rate of 4.83% per annum and will mature on January 24, 2022. Amortizing principal repayments of $25 million are due under the notes on January 24, 2020, January 24, 2021 and January 24, 2022. The interest on the notes will be paid semi-annually in arrears.

On January 24, 2014, Badger Daylighting Ltd. closed the transaction.