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EnerCare to price C$250 million five-year notes at 298 bps area
By Cristal Cody
Prospect News, Nov. 15 - EnerCare Inc. launched an offering of C$250 million of five-year senior notes on guidance for a spread in the 298 basis points area late Thursday afternoon, an informed source said.
The deal was launched after 3 p.m. ET and was expected to price after the markets closed on Thursday. Final terms were not available by press time.
TD Securities Inc. and National Bank Financial Inc. were lead managers.
EnerCare is a Toronto-based energy conservation products and services provider.
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