Innergex Renewable Energy Inc. has closed the over-allotment option previously granted to a syndicate of underwriters to purchase an additional C$10.5 million principal amount of 5.75% extendible convertible unsecured subordinated debentures.
Granted to the syndicate of underwriters in connection with Innergex's offering of C$70 million principal amount of debentures completed on March 8, the over-allotment option brings the aggregate gross proceeds of the offering to C$80.5 million.
The syndicate of underwriters, co-led by BMO Capital Markets and TD Securities Inc., includes CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Desjardins Securities Inc. and Laurentian Bank Securities Inc.
SOURCE: Innergex Renewable Energy Inc. Â
