B2Gold greenshoe exercised, lifts 3.25% convertibles to $258.75 million

By Tali David

Minneapolis, Aug. 23 - B2Gold Corp. said the over-allotment option on its 3.25% convertible senior note offering was exercised in full, increasing the offering by $33.75 million, according to a press release.

The company priced $225 million of the five-year convertibles on Aug. 20.

As previously reported, joint bookrunners were J.P. Morgan Securities LLC and BMO Capital Markets Corp. Co-managers included TD Securities, GMP Securities, Canaccord and National Bank Financial.

Proceeds are earmarked for general corporate purposes.

The company is a gold producer based in Vancouver, B.C.

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