Scandoil  

MEG Energy completes Warburg Pincus $157 million secondary offering


Published Dec 17, 2013
MEG Energy Corp.-2

MEG Energy Corp. announced the completion of the previously announced secondary offering of common shares held by one of its principal shareholders, WP Lexington Private Equity B.V. (WP Lex), an affiliate of Warburg Pincus LLC, pursuant to which WP Lex sold 5,000,000 common shares of the Company (the "Common Shares") at a price of $31.40 per Common Share. The Company did not receive any proceeds from the offering.

The offering was conducted on an underwritten, bought deal public issue by BMO Capital Markets in all provinces and territories of Canada by way of a short form prospectus. The offering was also extended to Qualified Institutional Buyers in the United States, pursuant to the registration exemptions provided by Rule 144A of the U.S. Securities Act of 1933.

Tags: MEG Energy Corp.




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