CorEnergy Infrastructure Trust Inc. - 2015-06-24
Description
Offered 11.25 million common shares priced at $6 each for $67.5 million in proceeds. Also priced unsecured convertible senior notes at $100 million. Net proceeds will help finance the the $245 million Grand Isle Gathering System from Energy XXI Ltd. BofA Merrill Lynch and Wells Fargo Securities LLC are joint book-running managers for both offerings. Stifel Nicolaus & Co. Inc. is joint lead manager for the notes offering. Stifel and Ladenburg Thalmann & Co. Inc. are co-managers for the share offering.
Companies
Estimated Price
$67.5MM
Financing Type
Report Date