Parallel Energy Trust (TSX:PLT.UN) will undertake a process to explore and determine strategic alternatives to reduce indebtedness and maximize unit holder value. The alternatives that will be considered include complete sale, divestment of assets, sale of a significant asset of the Trust, merger or other business combination and alternative financing. Evercore Partners Inc. (NYSE:EVR) and RBC Capital Markets LLC have been appointed as financial advisor to work on the process.
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5-day change | 1st Jan Change | ||
0.000001 USD | -.--% | -.--% | -.--% |
2016 | Parallel Energy Trust Filed For Bankruptcy | CI |
2015 | Parallel Energy Trust Requests an Extension from its Lending Syndicate of its %165 Million Credit Facility | CI |
1st Jan change | Capi. | |
---|---|---|
-.--% | 55 | |
+11.17% | 306B | |
+5.03% | 143B | |
+57.69% | 129B | |
+20.48% | 81.77B | |
+7.57% | 74.77B | |
+19.90% | 63B | |
+6.46% | 56.36B | |
+11.27% | 49.26B | |
+30.38% | 36.06B |
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