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ECN Capital Announces Closing of C$75 Million Offering of 6.50% Convertible Senior Unsecured Debentures
On March 19, 2025, ECN Capital closed a C$75 million offering of 6.50% convertible senior unsecured debentures due April 30, 2030. The debentures, trading on the TSX under "ECN.DB.C", are convertible into common shares at C$3.77 per share. ECN Capital intends to use the proceeds to redeem its outstanding 6.00% senior unsecured debentures due December 31, 2025, on April 25, 2025.
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