---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-147571"
form_type: "8-K"
ticker: "OVV"
cik: "0001792580"
company_name: "Ovintiv Inc."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:24:26.640004+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ovintiv prices $2.3B multi-tranche senior notes offering at varying rates

## Summary
- Issued $600M at 5.65% due 2025, $700M at 5.65% due 2028, $600M at 6.25% due 2033, $400M at 7.10% due 2053.
- Net proceeds of ~$2.28B to fund cash portion of Permian Basin acquisition and general corporate purposes.
- Closing expected May 31, 2023, subject to customary conditions.
- Notes are unsecured, unsubordinated, rank equally with existing unsecured debt; guaranteed by Ovintiv Canada ULC.

## SEC filing metadata
- accession: 0001193125-23-147571
- form_type: 8-K
- ticker: OVV
- cik: 0001792580
- company_name: Ovintiv Inc.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792580/000119312523147571/0001193125-23-147571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792580/000119312523147571/d443234d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-147571
- JSON: https://secwatch.observer/filing/0001193125-23-147571.json
- Plain text: https://secwatch.observer/filing/0001193125-23-147571.txt

## Key facts
- Material Agreements
  Ovintiv Inc. entered into Underwriting Agreement with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, RBC Capital Markets, LLC and TD Securities (USA) LLC, as representatives of the several underwriters valued at an aggregate of $600,000,000 principal amount of 5.650% senior notes due 2025, $700,000,000 principa (effective 2023-05-16).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, RBC Capital Markets, LLC and TD Securities (USA) LLC, as representatives of the several underwriters
  - Value: an aggregate of $600,000,000 principal amount of 5.650% senior notes due 2025, $700,000,000 principa
  - Effective: 2023-05-16
  source text: On May 16, 2023, Ovintiv Inc. (the “ Company ”), entered into an Underwriting Agreement (the “Underwriting Agreement”), by and among the Company, as the issuer, Ovintiv Canada ULC, as the guarantor (“Ovintiv Canada”), Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, RBC Capital Markets, LLC and TD Securities (USA) LLC, as representatives of the several underwriters named therein (collectively, the “Underwriters”), providing for the issuance and sale of an aggregate of $600,000,000 principal amount of 5.650% senior notes due 2025 (the “2025 notes”), $700,000,000 principal amount of 5.650% senior notes due 2028 (the “2028 notes”), $600,000,000 principal amount of 6.250% senior notes due 2033 (the “2033 notes”) and $400,000,000 principal amount of 7.100% senior notes due 2053 (the “2053 notes,” together with the 2025 notes, the 2028 notes and the 2033 notes, the “New Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792580/000119312523147571/0001193125-23-147571-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.