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dDT

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dDT

Re: None

Wednesday, 03/04/2015 5:21:50 PM

Wednesday, March 04, 2015 5:21:50 PM

Post# of 648882
Encana in C$1.25B bought deal offering

Encana (NYSE:ECA) -3.5% AH on plans to raise C$1.25B through a bought deal offering of 85.6M common shares at C$14.60 each.
ECA plans to use the proceeds from the offering, as well as cash on hand and other sources of funds, to redeem its 5.90% notes due 2017 and 5.80% medium term notes due 2018.

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