NuVista Energy Ltd. announced that it has completed its previously announced private placement of $230 million aggregate principal amount of 7.875% senior unsecured notes due July 23, 2026 (the "Notes"). The Notes were offered through a syndicate of underwriters led by CIBC Capital Markets and RBC Capital Markets, as joint book runners, Scotiabank, as co-lead manager, and ATB Capital Markets, BMO Capital Markets and Peters & Co., as co-managers. The company intends to use the net proceeds of the Notes to fully redeem its $220 million aggregate principal amount of 6.5% senior unsecured notes due March 2, 2023 at a redemption price of 101.625%, plus accrued and unpaid interest.