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EnerCare Inc completes $333 mln public offering of subscription receipts


Monday, 18 Aug 2014 08:08am EDT 

EnerCare Inc:Completed its previously announced public offering of subscription receipts.Raised gross proceeds of $333,261,825.Offering was underwritten by a syndicate of underwriters co-led by National Bank Financial Inc. and TD Securities Inc. and included Scotia Capital Inc., RBC Dominion Securities Inc., CIBC World Markets Inc., Desjardins Securities Inc., Canaccord Genuity Corp. and Jacob Securities Inc.Net proceeds will be used by EnerCare to finance, in part, its acquisition of the Ontario home and small commercial services business of Direct Energy Marketing Limited. 

Company Quote

15.38
0.2 +1.32%
24 Apr 2015