11 Apr 2017capital raising announcement● Neutral
Pengrowth announced that the $92 million Bernadet Montney asset sale has closed, completing the sale announced March 24, 2017.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 May 2010capital raising announcement● Neutral
Pengrowth closed a U.S. $187 million private placement of unsecured notes: U.S. $71.5 million at 4.67% due 2015 and U.S. $115.5 million at 5.98% due 2020. They were issued as U.S. $150 million of private debt placed in 2003 matured, so this refinances existing debt and adds to it; the notes rank equally with the bank facilities and existing term notes.