Precision Drilling Trust - 2009-02-13

Description

Plans to offer 46 million trust units at US$3.75 each to redeem notes assumed in connection with the acquisition of Grey Wolf Inc. and fund capex. RBC Capital Markets and Deutsche Bank Securities Inc. and including TD Securities Inc., HSBC Securities (Canada) Inc., Cormark Securities Inc., FirstEnergy Capital Corp. and Tristone Capital Inc. are lead underwriter.

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Companies
Estimated Price
$172.5MM
Financing Type
Report Date