Crescent Point Energy Announces Closing of A Private Placement of Notes
CALGARY, ALBERTA--(Marketwired - June 12, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) is pleased to announce that it has closed a private placement of long-term debt in the form of senior guaranteed notes to a group of institutional investors. The notes issued pursuant to the private placement are unsecured and rank equally with Crescent Point's obligations under its bank facilities. In total, US$290 million and CDN$10 million was raised through three separate series of notes under various terms and rates as described in the table below.