Bullboard - Stock Discussion Forum Enercare, Inc. CSUWF

Industrials Rental & Leasing Services

"EnerCare Inc is a provider of essential home and commercial services and energy solutions. The company offers rental services of water heaters, water treatment, furnaces, air conditioners, and other HVAC rental products. EnerCare is also in the business of plumbing, protection plans, and related services. The company operates in Canada and the United States of America."

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OTCPK:CSUWF - Post Discussion

Enercare, Inc. > Stocks to Watch

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Post by retiredcf on Feb 16, 2017 8:45am

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.

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