Crescent Point Energy (CPG) Announces CAD 500M Share Offering at $10.30/sh
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Crescent Point Announces CDN$500 Million Bought Deal Offering of Common Shares
November 6, 2023 4:16 PM ESTCALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) today announced that it has entered into an agreement (the Agreement) with a syndicate of underwriters co-led by BMO Capital Markets and RBC Capital Markets (collectively the Underwriters) under which the Underwriters have agreed to purchase, on a bought deal basis 48,550,000 Crescent Point common shares (Common Shares) at $10.30 per Common Share for aggregate gross proceeds of approximately CDN$500 million (the Offering).
Crescent Point intends to use the net proceeds from the Offering to... More
