Petro-Canada files $4 billion debt securities shelf

By Devika Patel

Knoxville, Tenn., March 24 - Petro-Canada filed a $4 billion debt securities shelf registration in an F-3 filing with the Securities and Exchange Commission, along with a preliminary base shelf prospectus with the regulatory authorities in Canada.

The securities, which will be sold in one or more tranches over the next 25 months, may be convertible.

Proceeds will be used for general corporate purposes.

Petro-Canada is a Calgary, Alta., oil and gas company.

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