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| Home : Petrominerales Increases Size of Convertible Note Offering to $550 Million |
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Aug 11
2010 |
Petrominerales Increases Size of Convertible Note Offering to $550 Million |
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BOGOTÁ, COLOMBIA--(Marketwire - Aug. 10, 2010) - Petrominerales Ltd. ("Petrominerales" or the "Company") (TSX:PMG), a 66% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX:PBG), is very pleased to announce that due to overwhelming investor demand, we have increased our previously announced offering of convertible notes (the "Notes") to a total of US$550 million principal amount (the "Offering"). The US$550 million total Offering size includes the full exercise of the US$100 million over-allotment option granted to ABG Sundal Collier Norge ASA, the sole bookrunner of the Offering. |
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| Source:http://www.marketwire.com/mw/release.do?id=1302762&sourceType=3 |
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