Keyera Reiterates Confidence in its Business & Provides Marketing Guidance for 2020
CALGARY, March 16, 2020 /CNW/ - Due to the unprecedented environment and the sharp decline in Keyera's share price, Keyera Corp. (TSX:KEY) ("Keyera") is providing the following information to address investor inquiries. Keyera remains confident in its business outlook given its strong financial position and integrated portfolio of diverse assets and services that serve both natural gas and oil sands producers.
Keyera Corp. Announces $300 Million Public Offering of Common Shares
Keyera announced today that it has entered into a financing agreement with a syndicate of underwriters co-led by RBC Capital Markets and National Bank Financial Inc. under which Keyera will issue 8.25 million common shares ("Common Shares") on a "bought deal" basis at an issue price of $36.35 per Common Share for total gross proceeds of approximately $300 million. ...