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Petrobank buys C$14.35 million 9% notes in tender
New York, Jan. 13 - Petrobank Energy and Resources Ltd. received and accepted tenders of C$14.352 million of its 9% unsecured subordinated notes under its substantial issuer bid.
The price paid was C$95 per C$100 principal amount, including accrued interest.
Petrobank Energy is a Calgary, Alta., oil and natural gas exploration and production company.
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