Encana Announces Expiration of Consent Solicitation and Receipt of Requisite Consents
November 20 2012 - 6:24PM
Marketwired
Encana Corporation (TSX:ECA) (NYSE:ECA) ("Encana") announced the
results of its consent solicitation to amend the indentures
relating to its 8.125% Notes due 2030, 7.375% Notes due 2031, and
7.2% Notes due 2031 (collectively, "the Notes"), to amend certain
definitions to reflect Encana's adoption of U.S. GAAP
(collectively, the "GAAP Amendments") and to amend certain
provisions to be more consistent with other indentures executed by
Encana. The consent solicitation expired at 5:00 p.m., New York
City time on November 19, 2012 (the "Expiration Time").
As of the Expiration Time, Encana had received the requisite
consent from holders of each series of Notes to amend the
indentures with respect to the GAAP Amendments and has executed
supplemental indentures to effect the GAAP Amendments.
Wells Fargo Securities acted as the Solicitation Agent for the
consent solicitation. D.F. King & Co., Inc. acted as the
Information and Tabulation Agent.
Advisory: This news release is for informational purposes only
and does not constitute an offer to sell or the solicitation of an
offer to buy the Notes or any other security and shall not
constitute an offer, solicitation or sale in any jurisdiction in
which, or to any persons to whom, such offering, solicitation or
sale would be unlawful. The consent solicitation was made solely
pursuant to the Consent Solicitation Statement dated November 5,
2012 and the accompanying consent form.
Encana Corporation
Encana is a leading North American energy producer that is
focused on growing its strong portfolio of diverse resource plays
producing natural gas, oil and natural gas liquids. By partnering
with employees, community organizations and other businesses,
Encana contributes to the strength and sustainability of the
communities where it operates. Encana common shares trade on the
Toronto and New York stock exchanges under the symbol ECA.
SOURCE: Encana Corporation
Contacts: Encana Corporation Ryder McRitchie Vice-President,
Investor Relations (403) 645-2007 Encana Corporation Lorna Klose
Manager, Investor Relations (403) 645-6977 Encana Corporation Jay
Averill Media Relations (403) 645-4747 www.encana.com