| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers W > Headlines for Western Energy Services Corp. > News item |
Western Energy talks C$125 million senior notes due 2019 at 8% area
By Cristal Cody
Prospect News, Jan. 19 - Western Energy Services Corp. set the minimum deal size and price talk on Thursday for its seven-year senior notes.
The C$125 million offering of notes due Jan. 27, 2019 (B3/B+/) is talked to yield in the 8% area.
The notes are non-callable for four years.
The deal is Rule 144A eligible. Pricing is expected on Friday.
RBC Capital Markets Corp. is the bookrunner. Co-managers are HSBC Capital (Canada) Inc., AltaCorp Capital Inc. and GMP Securities LP.
The company completed a roadshow earlier in the week.
Western Energy is a Calgary, Alta.-based oilfield drilling company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.