Brief: Crew Energy Inc. announces C$300 million senior notes offering
24/02/2017 18:47
Feb 24 (Reuters) - Crew Energy Inc CR.TO :
* Crew Energy Inc. announces C$300 million senior notes
offering
* Entered into an underwriting agreement to sell C$300
million aggregate principal amount of 6.500% senior unsecured
notes due March 14, 2024
* Net proceeds will be used to redeem all of company's
existing 8.375% senior unsecured notes due 2020
* Excess proceeds will be used for a non-permanent repayment
of current indebtedness under Crew's existing credit facility
Source text for Eikon: ID:nCCN8TyVY6
Further company coverage: CR.TO
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