Paramount Resources Ltd. Announces the Offering of an Additional $70 Million of Its 8.25% Notes Due 2017 – DigitalJournal.com (press release)
Paramount Resources Ltd. (TSX:POU) has agreed to sell an additional $70 million of its 8.25% senior unsecured notes due 2017 (the “Notes”) at a premium price of $1,030 per $1,000 principal amount to a syndicate of underwriters for public offering in Canada. The offering of additional Notes is expected to close on or about February 4, 2011. Proceeds from the offering will be used for capital expenditures and general corporate purposes.
Read more: http://www.digitaljournal.com/pr/210143#ixzz1CNbonCJs









