September 15, 2016 / 8:18 PM / 10 months ago

BRIEF-Just Energy reports $160 million public offering of convertible unsecured senior subordinated debentures

1 Min Read

Sept 15 (Reuters) - Just Energy Group Inc :

* Just Energy Group Inc. announces $160 million public offering of convertible unsecured senior subordinated debentures

* Intention to redeem remaining outstanding $55 million of its 9.75 pct senior unsecured notes

* Intention to redeem minimum of $225 million of its 6.0 pct convertible debentures due June 30, 2017

* Intends to use proceeds to redeem remaining $55 million aggregate principal amount outstanding under 9.75 pct senior unsecured notes due 2018

* Just Energy Group Inc says debentures will mature on December 31, 2021

* Agreed to issue, on a "bought deal" basis, $160 million of convertible unsecured senior subordinated debentures at $1,000 per debenture Source text for Eikon: Further company coverage:

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