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| Home : Atlantic Power Corporation Announces Pricing of Public Offerings of Common Shares and Convertible Unsecured Subordinated Debentures |
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Oct 14
2010 |
Atlantic Power Corporation Announces Pricing of Public Offerings of Common Shares and Convertible Unsecured Subordinated Debentures |
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BOSTON, MASSACHUSETTS--(Marketwire - Oct. 13, 2010) - Atlantic Power Corporation (TSX:ATP)(TSX:ATP.DB)(TSX:ATP.DB.A)(NYSE:AT) (the "Company" or "Atlantic Power") announced today that it has priced its previously announced public offering (the "Common Share Offering") of 5,245,000 common shares of the Company (the "Common Shares") at a price of US$13.35 per share. The Company has granted the underwriters a 30-day option to purchase up to 784,000 additional Common Shares to cover over-allotments, if any. The Company estimates that the net proceeds from the Common Share Offering, after deducting the underwriting discounts and estimated expenses, will be approximately US$65.7 million or approximately US$75.6 million if the underwriters' over-allotment option is exercised in full. BMO Capital Markets and UBS Securities LLC are serving as joint book-running managers of the Common Share Offering.&nbs |
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| Source:http://www.marketwire.com/mw/release.do?id=1334708&sourceType=3 |
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