17th Dec 2020 17:57
ContourGlobal PLC - FTSE 250-listed power generation firm - Announces closing of private offering of two series of notes. Company priced its EUR410 million 2.75% notes due 2026 as well as the EUR300 million 3.125% notes due 2028 in a private offering. ContourGlobal said it intends to redeem EUR450 million of its 3.375% senior secured notes due 2023 with some of the proceeds. The remaining proceeds will be used for general corporate purposes, including to pay for some of the Western Generation Partners LLC acquisition.
Current stock price: 209.00 pence
Year-to-date change: down 0.5%
By Arvind Bhunjun; [email protected]
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