GREY:LSTMF - Post by User
Comment by
ltrabson Jan 26, 2012 9:07am
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Post# 19451200
RE: RE: Petrobakken Energy Ltd. sells $900M in not
RE: RE: Petrobakken Energy Ltd. sells $900M in not They have now released how much they will net from the 900m bonds. ...... $ 875m net to company.
$25m in discount and offering costs. ...... per Jan 26 release.
They sold convertibles when Can$ was below .95 usd,
It looks like they will be buying back $450m of them with the Can$ close to parity.
Settlement dates ... Jan 31 for both
$900m in bonds and the purchase of $450m m in convertibles. ...... per Jan 26 release.