March 7 (Reuters) - EnerCare Inc ECI.TO :
* Signs agreement to acquire service experts - a leading North American
provider of hvac services and announces $218 million bought deal offering
* Deal for $340.8 million
* Deal estimated to be 25% accretive to normalized pro forma distributable cash
per common share in 2016
* Entered into an agreement with a syndicate of underwriters to issue, on a
bought deal basis, about $218 million of subscription receipts
* Lenders to give debt financing to co's unit in form of unsecured 4-year
variable rate term credit facility of US$200 million
* Lenders have also provided a fully committed bridge facility in the amount of
US$140.75 million should the offering not close
* Source text for Eikon Further company coverage ECI.TO