Exploration & Production | Finance & Investing | Capital Markets
Keyera Completes Offering to Fund CapEx
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Keyera Corp. has announced the successful completion of the public offering of 3,750,000 common shares, as well as the sale of an additional 562,500 Common Shares pursuant to the over-allotment option exercised by the underwriters in connection with the public offering.
This brings the total number of Common Shares sold by Keyera in the public offering to 4,312,500. The Common Shares were priced at $73.75 per Common Share for gross total proceeds of approximately $318 million.
The issue was made through a syndicate of underwriters co-led by RBC Capital Markets and National Bank Financial Inc. and included TD Securities Inc., CIBC, BMO Capital Markets, Scotiabank, Peters & Co. Limited, FirstEnergy Capital Corporation, GMP Securities L.P. and Macquarie Capital Markets Canada.
Net proceeds…
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