Energy+ Closes $55 Million Offering of Unsecured Debentures
On August 10, 2020, Energy+ Inc. closed a $55 million offering of 2.968% senior unsecured debentures due August 10, 2060. The debentures were sold on an agency basis to accredited investors on a private placement basis by means of a confidential offering memorandum.
The net proceeds from the sale of the debentures will be used for capital expenditures and for general corporate purposes. In addition, Energy+ used a portion of the proceeds of the offering to repay $35 million of indebtedness maturing in 2020.
Aird & Berlis represented Energy+ with a team led by Jill Fraser and assisted by Melanie Cole and Meredith McCann.
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BioFull bio
With a calm demeanor and extensive experience in banking law, Jill remains poised in even the most testing circumstances.
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BioFull bio
Whether advising her clients on public and private financings, mergers and acquisitions or corporate commercial matters, Melanie takes a client-first ...
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BioFull bio
When it comes to complex capital markets transactions or navigating regulatory requirements, Meredith’s primary focus is on her clients’ i...
