November 30, 2017 / 9:56 PM / 16 days ago

BRIEF-Keyera Corp. Announces $429.4 Million Public Offering Of Common Shares

Nov 30 (Reuters) - Keyera Corp:

* KEYERA CORP. ANNOUNCES $429.4 MILLION PUBLIC OFFERING OF COMMON SHARES

* KEYERA CORP - KEYERA WILL ISSUE 12.2 MILLION COMMON SHARES AT AN ISSUE PRICE OF $35.20 PER COMMON SHARE

* KEYERA CORP - ‍KEYERA WILL ISSUE 12.2 MILLION COMMON SHARES ON A “BOUGHT DEAL” BASIS AT AN ISSUE PRICE OF $35.20 PER COMMON SHARE​

* KEYERA CORP - ‍PORTION OF NET PROCEEDS WILL BE USED TO REDUCE SHORT TERM INDEBTEDNESS UNDER CO‘S CREDIT FACILITIES

* KEYERA CORP - ‍PORTION OF NET PROCEEDS WILL INITIALLY BE USED TO REDUCE SHORT TERM INDEBTEDNESS UNDER KEYERA‘S CREDIT FACILITIES

* KEYERA CORP - KEYERA NOW EXPECTS TO SPEND BETWEEN $800 MILLION AND $900 MILLION ON GROWTH PROJECTS IN 2018

* KEYERA CORP - ‍ BALANCE OF NET PROCEEDS TO BE USED TO FUND CAPITAL PROJECTS AND FOR GENERAL CORPORATE PURPOSES​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below