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Evergreen Energy to launch convertible notes due 2012
By Evan Weinberger
New York, July 24 - Evergreen Energy, Inc. plans to offer convertible secured notes due 2012.
The amount, coupon, initial conversion premium and other terms of the Rule 144A transaction will be announced at pricing.
Evergreen Energy, based in Denver, refines coal into a cleaner solid fuel. The company intends to use the proceeds to fund capital expenditures and operations at its Fort Union plant and for general corporate purposes.
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