ENP Newswire -
Release date- 10062014 -
The new US dollar notes will be issued under the indenture pursuant to which Gibson previously issued
Gibson intends to use the net proceeds from the offering to repay all outstanding indebtedness under its existing revolving credit facility (excluding letters of credit), with the remaining net proceeds to be used to fund planned capital expenditures and for general corporate purposes.
The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'Securities Act'), or applicable state securities laws, and may not be offered or sold in
The securities mentioned herein have not been and will not be qualified for sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the notes in
The securities mentioned herein will be offered and sold only to qualified institutional buyers in accordance with Rule 144A under the Securities Act, and outside
Gibson is a large, independent midstream energy company in
The Company transports energy products by using its network of terminals, pipelines, storage tanks and trucks located throughout western
Certain statements contained in this news release constitute forward-looking information and statements, including but not limited to, the proposed offering of senior unsecured notes. These statements relate to future events or Gibson's future performance.
All statements other than statements of historical fact are forward-looking statements. The use of any of the words 'anticipate', 'plan', 'contemplate', 'continue', 'estimate', 'expect', 'intend', 'propose', 'might', 'may', 'will', 'shall', 'project', 'should', 'could', 'would', 'believe', 'predict', 'forecast', 'pursue', 'potential' and 'capable' and similar expressions are intended to identify forward-looking statements.
These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. Gibson does not undertake any obligations to publicly update or revise any forward looking statements except as required by securities law.
Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to, the risks and uncertainties described in 'Forward-Looking Statements' and 'Risk Factors' included in Gibson's Annual Information Form dated
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