Keyera Closes Long-Term Private Debt Financing

Autor: Canada Newswire
Zdroj: Canada Newswire. 11/20/2013.
Abstrakt: CALGARY, Nov. 20, 2013 /CNW/ - Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) ("Keyera") announced today that it closed $231 million (Canadian equivalent) of its previously announced $306 million (Canadian equivalent) long-term private note placement with a group of institutional investors in Canada and the U.S. Proceeds are being used to pay down existing credit facilities and fund Keyera's ongoing capital expenditure program. The remaining CDN$75 million is scheduled to be drawn on April 8, 2014, subject to typical closing conditions. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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