Brief: Crew Energy says intends to offer for sale senior unsecured notes due 2024
21/02/2017 19:27
Feb 21 (Reuters) - Crew Energy Inc CR.TO :
* Crew Energy Inc. announces proposed offering of senior
unsecured notes and the conditional redemption of all
outstanding 8.375% senior unsecured notes due 2020
* Says intends to offer for sale senior unsecured notes due
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 co's existing credit facility
Source text for Eikon: ID:nCCN6626gv
Further company coverage: CR.TO
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