Oil & Gas Refining and Marketing

Page 2

Global Partners LP announces public offering of common units

Thursday, 4 Dec 2014 04:16pm EST

Global Partners LP:Commences public offering, subject to market and other conditions, of 3,565,000 common units representing limited partner interests in Global.Global also intends to grant the underwriters 30-day option to purchase up to 534,750 additional common units.Says Barclays, BofA Merrill Lynch, Wells Fargo Securities, J.P. Morgan, Deutsche Bank Securities and Raymond James will act as joint book-running managers for offering.Global expects to use the net proceeds from this offering to reduce indebtedness outstanding under its revolving credit facility.

Pan Asia Mining Ltd announces proposed rights issue

Sunday, 23 Nov 2014 06:35am EST

Pan Asia Mining Ltd:Proposes to raise about HK$151.4 million (assuming no other issue of new shares and no conversion of convertible bonds on or before record date) to HK$164.0 million before expenses by issuing not less than 302,755,224 new shares and not more than 327,959,064 new shares to qualifying shareholders.By way of rights issue at price of HK$0.50 per rights share on the basis of three rights shares for every ten shares held on record date.Further proposes to allot and issue shares on basis of two bonus shares for every three rights shares taken up under rights issue.Estimated net proceeds of rights issue will be about HK$146.9 million to HK$159.1 million.Intends to apply about HK$132.6 million of net proceeds from rights issue to finance its payment obligations under settlement agreement and remaining portion of net proceeds will be used for general working capital purposes.

Mitsuuroko Group Holdings Co Ltd announces private placement of treasury stock

Monday, 17 Nov 2014 02:00am EST

Mitsuuroko Group Holdings Co Ltd:To distribute 1,901,100 shares of its treasury common stock at 526 yen per share through private placement to TonenGeneral Sekiyu KK.To raise 999,978,600 yen in total through private placement.Says placement date is Dec. 4.

Petron Corp lists 10 billion preferred shares

Sunday, 2 Nov 2014 11:00am EST

Petron Corp:Listed 10 million preferred shares worth 10 billion philippine pesos in Philippine stock exchange.Offer size of 7 billion philippine pesos was increased by another 3 billion philippine pesos.Dividends on preferred shares shall be at fixed rate of 6.3 percent per annum for series 2A, and 6.86 percent per annum for the Series 2B.

Western Gas Partners prices public offering

Thursday, 30 Oct 2014 08:55am EDT

Western Gas Partners LP:Has priced its public offering of 7,500,000 common units representing limited partner interests.Western Gas Partners has granted the underwriters a 30-day option to purchase up to 1,125,000 additional common units.The common units were offered to the public at $70.85 per unit.The offering is expected to settle and close on Nov. 4.The partnership expects to use the net proceeds from the offering, including any net proceeds received from the exercise of the underwriters' option to purchase additional common units, to fund a portion of the cash purchase price of its pending Nuevo Midstream, LLC acquisition.

Western Gas Partners LP announces public offering of 7,500,000 common units

Wednesday, 29 Oct 2014 04:21pm EDT

Western Gas Partners LP:Says registered underwritten public offering of 7,500,000 common units representing limited partner interests.Will grant the underwriters a 30-day option to purchase up to 1,125,000 additional common units.Partnership expects to use net proceeds from the offering, including any net proceeds received from an exercise of the underwriters' option to purchase additional common units, to fund a portion of the cash purchase price of its pending Nuevo Midstream, LLC acquisition.Closing of the Nuevo acquisition is not conditioned on the closing of the common units offering, and the common units offering is not conditioned on the Nuevo acquisition closing.Says if the Nuevo acquisition is not consummated for any reason, the Partnership intends to use the net proceeds from the offering for general partnership purposes, including the repayment of borrowings under its revolving credit facility.UBS Investment Bank, Morgan Stanley, Wells Fargo Securities, Barclays, BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, RBC Capital Markets, Credit Suisse and Goldman, Sachs & Co. are acting as joint book-running managers for the offering.

MCW Energy Group Limited announces non brokered private placement

Tuesday, 21 Oct 2014 08:16pm EDT

MCW Energy Group Limited:Says that it has completed a non-brokered private placement financing by issuing 106,847 common shares at a price of C$0.84 per share.Says all common shares issued pursuant to the financing are subject to a four month statutory hold period as well as a US restrictive legend.Says the financing closed on Oct. 21, 2014.The net proceeds will be used by MCW for general corporate purposes and working capital.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider: VRS (Valuation & Research Specialists)
$50.00
Provider: VRS (Valuation & Research Specialists)
$50.00
Provider: Auerbach Grayson & Co., Inc.
$25.00
Provider: Thomson Reuters StreetEvents
$39.00
Provider: Dundee Securities Corporation
$10.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.