Rider Resources Ltd. - 2008-04-17

Description

Increased its credit facilities to C$230 million, entered an equity bridge facility for C$110 million with Scotia Capital and plans to issue US$100 million (C$115 million) of second-lien term debt to fund its acquisition of assets in Alberta. Scotia Capital will market the second-lien term debt.

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Estimated Price
CA$455.0MM
Financing Type
Report Date