BRIEF-Algonquin Power says to offer $75 mln of common shares and convertible debentures - News

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BRIEF-Algonquin Power says to offer $75 mln of common shares and convertible debentures

By: AFX | 10 Nov 2009 | 05:12 PM ET

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Nov 10 (Reuters) - Algonquin Power and Utilities Corp: * Announces $75 million offering of common shares and convertible debentures * Says to sell about 6 million shares at $3.35 per share * Says to sell $55 million of 7% convertible unsecured subordinated debentures due 2017 * Says to sell to syndicate of underwriters on bought deal basis, 5,980,000 common shares ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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