The Lessors Network

 <Equipment Lease Finance News, Events & Resources

Lessors Network Logo
Blue Arrow   Return To Home Page
BREAKING NEWS SPONSOR AD
Summit Funding Group
Contact: Richard Ross 513.489.1222
.
Summit Funding

Since our inception in 1993, Summit Funding Group, Inc. has amassed a high performing portfolio in excess of $3 billion in equipment lease and finance originations and a history of working with companies of all sizes and most industries.

.


    Breaking News Network

Lessors Network Shadow
Lessors Network News

The Lessors Network showcases the largest equipment lease finance community on the Web publishing industry relevant news, press releases, legislative and regulatory updates aggregated from trusted global resources.


.
.
Crown Capital Partners Inc. Announces Closing Of $20 Million Convertible Debenture Bought Deal Offering
.

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

CALGARY, June 13, 2018 /CNW/ - Crown Capital Partners Inc. ("Crown" or the "Company") (TSX: CRWN) announced today that it has closed its previously announced "bought deal" public offering of $20 million aggregate principal amount of 6.00% convertible unsecured subordinated debentures (the "Debentures") due June 30, 2023 (the "Offering"). The Debentures will trade on the Toronto Stock Exchange under the symbol "CRWN.DB".

The Offering was co-led by BMO Capital Markets and National Bank Financial Inc. and included AltaCorp Capital Inc., CIBC World Markets Inc., Cormark Securities Inc., GMP Securities L.P., Raymond James Ltd. and TD Securities Inc.

The net proceeds of the Offering will be used to repay indebtedness under the Company's credit facility, which will then be available to be drawn, as required, to fund new financing transactions by the Company.

About Crown

Crown (TSX: CRWN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

FORWARD-LOOKING STATEMENTS

This news release contains certain "forward looking statements" and certain "forward looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified using forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management's beliefs, expectations or intentions regarding the use of proceeds of the Offering. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown's periodic filings with Canadian securities regulators. See Crown's Annual Information Form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

SOURCE Crown Capital Partners Inc.



.
  Free Headlines In Your Inbox
Lessors Network Shadow
Email Alerts
.
Every day we send out free Email Alerts with the most important headlines of the last 24 hours,
(excluding slow news days).
.
.
 Blue Arrow 
Lessors Network  Membership
Lessors Network Shadow
Lessors Network Advertising
.
Our Business Is Promoting
Our Members And Annual
Dues Cover All Costs!
.
See How A Vertical Marketing Media
Network Can Get You Noticed Online
.
Blue Arrow  Learn More...
.
.


.


Arrow  About   Arrow  Contact   Arrow  Email Alerts   Arrow  Membership   Arrow  Sitemap   Arrow  Terms  
.
.
A Lessors.com, Inc. Company  |  © Copyright 1998 - 2017



.