Husky Energy To Offer $1.2B In Shares

Oil and gas companyHusky Energyis planning to sell share worth about $1.23 billion.RBC Capital Markets,Goldman Sachs Canada,HSBC Securities [Canada]andJP Morgan Securities Canadaare the underwriters of the share sale.

The underwriters will acquire 37 million of the shares worth about $1.02 billion, which can be resold to the public later. ShareholdersLF Investments [Barbados]andHutchison Whampoa Luxembourg Holdingswill acquire Husky’s shares worth about $205.6 million.

Click here for the release fromMarket Wire.