April 28 (Reuters) - Peyto Exploration & Development Corp
PEY.TO :
* Peyto Exploration & Development Corp announces $150
million equity offering
* Underwriters have agreed to buy 4,687,500 common shares of
co and sell to public at a price of $32.00/common share
* Net proceeds will be used to partially repay outstanding
bank indebtedness
Source text for Eikon: ID:nCCN5MKds7
Further company coverage: PEY.TO
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