Crescent Point Energy Corp. completes private placement of long-term debt
June 24, 2014
Client: Various institutional investors
On June 24, 2014, Crescent Point Energy Corp., an oil and gas company based in Calgary, Alberta, completed a private placement of long-term debt in the form of senior guaranteed notes to a group of US and Canadian institutional investors, raising a total of US$310 million and CDN$40 million through three separate series of notes under various terms and rates. RBC Capital Markets acted as lead placement agent on the offering, and HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC acted as co-placement agents.
Norton Rose Fulbright Canada LLP acted for a group of US and Canadian institutional investors including The Prudential Insurance Company of America, New York Life Insurance Company, The Northwestern Mutual Life Insurance Company and AIG Asset Management. The team consisted of Howard MacKichan and Danielle Maksimow.