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Monday, 06 October, 2008, 13:20 GMT | more prices >>

Copano hawks 2.5 million units



By Upstream staff 

Houston-based Copano Energy said it planned to sell 2.5 million common shares in an offering pursuant to an effective shelf registration.

The company said it had given its underwriters the option to buy up to 375,000 further units. It said it would use the proceeds to repay a $100 million unsecured loan.

UBS Investment Bank and Morgan Stanley & Co are the joint underwriters of the book.


Monday, 27 November, 2006, 23:09 GMT  | last updated: Tuesday, 28 November, 2006, 09:14 GMT

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