Scandoil  

Cenovus closes US$800 million debt offering


Published Aug 19, 2013
[an error occurred while processing this directive]

Edit page New page Hide edit links

Cenovus Energy Inc.-2

Cenovus Energy Inc. has completed a public offering in the United States of US$800 million in senior unsecured notes in two series - US$450 million 3.8% senior notes due 2023 and US$350 million 5.2% senior notes due 2043. The notes were issued under Cenovus's short form base shelf prospectus dated June 6, 2012, as amended, and a prospectus supplement dated August 12, 2013 filed with securities regulatory authorities in Canada and the United States.

The net proceeds of the offering will be used to partially fund the redemption of Cenovus's US$800 million 4.5% senior notes due 2014 (the "2014 notes") originally issued on September 18, 2009. A notice of the redemption has been sent to holders of the 2014 notes. The redemption price, which will be payable on September 16, 2013, will be paid in accordance with the indenture governing the 2014 notes.

Tags: Cenovus Energy Inc.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml