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Banks take maximum amount of Enbridge stock, boosting financing to $2.3 billion
2016-03-01 17:05:23| Oil & Gas - Topix.net
Enbridge Inc. says it raised $2.3 billion in its latest stock offering as its syndicate of underwriters fully exercised their option to buy additional shares in the pipeline operator. The Calgary-based company had initially planned to raise $2 billion, but the underwriters - including Canada's five biggest banks - bought an additional 7.4 million shares.
Baker Botts Represents Special Committee Of Western Gas Equity Partners In Providing Partial Financing For $750,000,000 Dropdown Of Assets By Anadarko To Western Gas Partners
2016-02-26 04:01:03| oilandgasonline News Articles
Western Gas Partners, LP (“WES”) recently announced that it has agreed to acquire a 100% interest in Springfield Pipeline LLC (“Springfield”) from its corporate sponsor, Anadarko Petroleum Corporation (“Anadarko”), for $750.0M. WES intends to finance the acquisition, in part, by issuing 835,841 common units representing limited partner interests in WES at a price of $29.91 per common unit to the owner of its general partner, Western Gas Equity Partners, LP (“WGP”).
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Enbridge raises $2 billion in financing, with aim of paying down short-term debt
2016-02-25 09:44:39| Energy - Topix.net
Pipeline giant Enbridge Inc. has announced an agreement to raise $2 billion by selling its own shares, the proceeds of which will go toward paying down short-term debt. Enbridge and a group of Canadian and U.S. banks have agreed to issue 49.14 million shares on a bought-deal basis.
Enbridge raises $2 billion in financing, with aim of paying down short-term debt
2016-02-25 02:22:57| Oil & Gas - Topix.net
Pipeline giant Enbridge Inc. has announced an agreement to raise $2 billion by selling its own shares, the proceeds of which will go toward paying down short-term debt. Enbridge and a group of Canadian and U.S. banks have agreed to issue 49.14 million shares on a bought-deal basis.
$19b sugar project: IDB weighs financing for modernisation programme
2016-02-24 07:57:13| Sugar Industry News
The Inter-American Development Bank (IDB) is looking at funding a US$160-million ($19.3 billion) project aimed at modernising the sugar industry in Jamaica, which has struggled to find a profitable footing.
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