Text Size:
A | A

Rooster Energy Completes Senior Notes Offering

Text Size: A | A
October 24, 2012

Rooster Energy Ltd. (Toronto Venuture: COQ) announced that it and two of its wholly-owned subsidiaries Rooster Oil & Gas LLC and Probe Resources US Ltd. have entered into a note purchase agreement, under which the co-issuers have issued senior secured notes due on Oct. 22, 2014 in the aggregate principal amount of $22.55 million.

The proceeds of the notes will be used to repay existing secured indebtedness of the company, certain accounts payable and for other general corporate purposes. ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription