Reuters logo
BRIEF-Gibsons announces proposed private placement of senior unsecured notes
March 8, 2017 / 2:15 PM / 9 months ago

BRIEF-Gibsons announces proposed private placement of senior unsecured notes

March 8 (Reuters) - Gibson Energy Inc:

* Gibsons announces proposed private placement of senior unsecured notes

* Gibson Energy Inc - intention to issue, on an exempt private placement basis, C$300 million senior unsecured notes

* Gibson Energy Inc - cash tender offers to purchase any and all of its outstanding Canadian-dollar denominated 7.0% senior unsecured notes due 2020

* Gibson Energy Inc - intends to utilize net proceeds from private placement to repay certain indebtedness of company

* Gibson Energy - also announced cash tender offers to purchase up to us$275 million of its U.S. dollar denominated 6.75% senior unsecured notes due 2021

* Gibson Energy Inc - tender offers designed to further refinance Gibsons’ long-term indebtedness among other things 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