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| Home : Bonavista Energy Corporation Announces Closing of Private Placements of Senior Notes |
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May 24
2013 |
Bonavista Energy Corporation Announces Closing of Private Placements of Senior Notes |
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CALGARY, ALBERTA--(Marketwired - May 24, 2013) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to announce that it has closed private placements of long-term debt of guaranteed senior unsecured notes to a group of institutional investors. The notes issued pursuant to the private placements are ranked equally with Bonavista's obligations under its bank facility. In total, approximately $225 million (US $205 million and CDN $20 million) was raised through four separate series of notes under various terms and rates as described in the table below: |
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| Source:http://www.marketwire.com/mw/release.do?id=1794736&sourceType=3 |
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