BRIEF-Bellatrix exploration announces $50 mln bought deal offering

Tue Jul 19, 2016 4:46pm EDT
 
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July 19 (Reuters) - Bellatrix Exploration Ltd :

* Says debenture and subscription receipt in aggregate combine for total gross proceeds of approximately $80 million

* Bellatrix announces $50 million bought deal offering of subordinated convertible debentures and $30 million bought deal equity financing

* Debentures will bear an interest rate of 6.75% per annum Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)