Stocks in Play: Calfrac Well Services Ltd. - InvestingChannel

Stocks in Play: Calfrac Well Services Ltd.

Tuesday, November 22, 2022

11:09 AM EST – Calfrac Well Services Ltd. : Announced a conversion incentive program designed to encourage the early conversion of up to all of the $47,440,000 principal amount of outstanding 10.0% 1.5 Lien Senior Secured Convertible PIK Notes issued by the Company. The Notes are currently convertible into common shares of the Company at a conversion price of $1.3325 per Common Share. The closing price of the Common Shares on the Toronto Stock Exchange on November 21 was $7.15. Calfrac Well Services Ltd. (T.CFW) shares were up $0.04 at 7.19.

Stocks in Play: Calfrac Well Services Ltd., Tue, 22 Nov 2022 11:12:07 EST

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