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Alamos closes $250m bought deal financing

By:  
Creamer Media Deputy Editor: North America
 
BOUGHT DEAL
TSX-listed Alamos Gold has closed a $250-million bought deal offering, the proceeds of which, combined with existing cash on hand, will be used to repay $315-million of outstanding senior secured 7.75% high-yield notes maturing in 2020. Alamos sold 31.45-million common shares at a price of $7.95 apiece.
 
 
 
 
 

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