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Financings in Brief: Oncor

This article was originally published in The Gray Sheet

Executive Summary

Oncor: Closes private placement of $10 mil. worth of 6% five-year unsecured notes. The notes are convertible into shares of common stock of the company, as well as warrants to purchase an aggregate of 250,000 common shares of the company at $5 per share. The placement was completed with funds managed by New York City-based Promethean Investment Group LLC...
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