Who will they buy next. Crescent Point Energy Corp. has closed its recently announced bought deal financing and the associated over-allotment option granted to the underwriters.
A total of 15.43 million Crescent Point shares have been issued at a price of $41 per share for aggregate gross proceeds of approximately $633 million.
The syndicate of underwriters was co-led by BMO Capital Markets, CIBC and Scotiabank, and included RBC Capital Markets, TD Securities Inc., FirstEnergy Capital Corp., National Bank Financial Inc., GMP Securities L.P., Macquarie Capital Markets Canada Ltd. and Peters & Co. Limited.
The shares issued under the offering will be eligible to receive the dividend for August 2012, which is expected to be paid on Sept. 17.