OTCPK:CSUWF - Post by User
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retiredcfon Feb 16, 2017 8:45am
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Stocks to Watch
Stocks to Watch Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
Enercare Inc. (ECI-T) announced an offering of $500-million senior unsecured notes.
The proceeds will be used by Enercare Solutions to redeem senior unsecured notes due Nov. 30, to repay existing credit facilities and for general corporate purposes.
"I am very pleased we have been able to refinance our debt at such favourable long-term fixed rates and align our debt maturities more closely to the long life of our assets," said CEO John Macdonald in a release.