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Capital Power Announces Closing of C$125 Million Offering of 4.60% Cumulative Rate Reset Preferred Shares
Capital Power Announces Closing of C$125 Million Offering of 4.60% Cumulative Rate Reset Preferre...
About this update from Capital Power Corporation
[{"type":"text","content":"\n\n\n\n Dec. 16, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION INTO THE UNITED STATES OR TO UNITED STATES WIRE\n SERVICES/\n\n\nEDMONTON, Dec. 16 /CNW/ - Capital Power Corporation ("Capital Power")\n (TSX:CPX) is pleased to announce today that it has closed its\n previously announced offering of 5,000,000 Cumulative Rate Reset\n Preference Shares, Series 1 (the "Series 1 Shares") at a price of $25\n per Series 1 Share (the "Offering") for aggregate gross proceeds of\n $125 million on a bought deal basis with a syndicate of underwriters,\n led by TD Securities Inc. and RBC Capital Markets.\n\n\nThe Series 1 Shares have not been registered under the U.S. Securities\n Act of 1933, as amended, and may not be offered or sold in the United\n States or to, or for the account or benefit of, U.S. persons absent\n registration or an applicable exemption from registration requirements.\n This news release does not constitute an offer to sell or the\n solicitation of an offer to buy any security, and shall not constitute\n an offer, solicitation or sale of the securities in any state in which\n such offer, solicitation or sale would be unlawful.\n\n\nAbout Capital Power Corporation\n\n\nCapital Power is a growth-oriented North American independent power\n producer, building on more than a century of innovation and reliable\n performance. The company's vision is to be recognized as one of North\n America's most respected, reliable and c...