CorEnergy Infrastructure Trust Inc. is finding plenty of willing investors for its latest public offering of common stock and convertible senior notes, which are being sold to cover the acquisition of the Grand Isle Gathering System in the Gulf of Mexico.
The 11.25 million shares were priced Wednesday at $6. The $100 million in convertible notes were given a share issue price of $6, a coupon rate of 7 percent and an initial conversion price of $6.60.
On Thursday, only one day after starting the…
↧