Attention Business Editors:
Penn West Energy Trust Confirms the Closing Of Its Private Placement of Notes
PENN WEST ENERGY TRUST (TSX - PWT.UN; NYSE - PWE) confirms it has closed
the issuance of US$480 million plus CAD$30 million of notes on a private
placement basis.
CALGARY, May 30 /CNW/ - Penn West Energy Trust ("Penn West") is pleased
to confirm that its wholly-owned subsidiary, Penn West Petroleum Ltd.,
recently closed the previously announced issuance of notes with aggregate
principal amounts of US$480 million and CAD$30 million. The notes were issued
on a private placement basis primarily in the United States.
The private placement consists of US$152.5 million of 6.12% notes due in
2016, US$278 million of 6.30% notes due in 2018, CAD$30 million of 6.16% notes
also due in 2018 and US$49.5 million of 6.40% notes due in 2020. The notes are
unsecured and rank equally with Penn West's bank facilities and Penn West's
outstanding senior notes issued in May 2007, with an aggregate principal
amount of US$475 million. The proceeds of the notes were used to repay a
portion of Penn West's outstanding bank debt under its credit facilities.
The notes will not be registered under the United States Securities Act
of 1933, as amended (the "Securities Act"), and may not be offered or sold in
the United States absent registration or an applicable exemption from the
registration requirements of the Securities Act.
Penn West Energy Trust is a senior oil and natural gas energy trust based
in Calgary, Alberta. Penn West's units and debentures are listed on the
Toronto Stock Exchange under the symbol PWT.UN, PWT.DB.A, PWT.DB.B, PWT.DB.C,
PWT.DB.D, PWT.DB.E and PWT.DB.F and on the New York Stock Exchange under the
symbol PWE.
%SEDAR: 00022266E
%CIK: 0001334388
For further information: PENN WEST ENERGY TRUST, Suite 2200, 425 - First
Street S.W., Calgary, Alberta, T2P 3L8, Phone: (403) 777-2500, Toll-free:
1-866-693-2707, Fax: (403) 777-2699; Investor Relations: Phone:
1-888-770-2633, E-mail: investor_relations@pennwest.com, Website:
www.pennwest.com
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Penn West Energy Trust
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CODE : PWE |
ISIN : CA7078871059 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Penn West Energy Trust est une société de production minière et de pétrole basée au Canada. Penn West Energy Trust détient divers projets d'exploration au Canada. Son principal projet en exploration est SWAN HILLS au Canada. Penn West Energy Trust est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 80,7 millions US$ (73,8 millions €). La valeur de son action a atteint son plus haut niveau récent le 29 mai 2009 à 9,98 US$, et son plus bas niveau récent le 01 avril 2020 à 0,15 US$. Penn West Energy Trust possède 504 340 988 actions en circulation. |