Articles Tagged "NAL Oil & Gas Trust"

NAL Oil & Gas Trust Closes Convertible Debenture Offering

NAL Oil & Gas Trust (TSX:NAE.UN) today reported that the company has completed its previously announced bought deal offering of 6.25% convertible unsecured subordinated debentures at a price of $1,000 per debenture for aggregate gross proceeds of $115,000,000, which included the exercise, in full, of the over-allotment option granted to the underwriters under the offering.