Reuters logo
BRIEF-Shawcor announces cdn $150 million offering of common shares
December 7, 2016 / 9:41 PM / 10 months ago

BRIEF-Shawcor announces cdn $150 million offering of common shares

Dec 7 (Reuters) - Shawcor Ltd

* Says Co anticipates using net proceeds to repay outstanding revolving debt in normal course

* Underwriters to purchase on a bought deal basis and sell to public 4.6 million shares of Shawcor at a price of cdn $32.80 per common share

* Announces cdn $150 million offering of common shares Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below