Public Securities Practice

SA&M Client Xinergy Corp. Announces Closing of Rule 144A Offering of $200 Million Senior Secured Notes Due 2019

By May 9, 2011 No Comments

SA&M client, Xinergy Corp., a subsidiary of Xinergy Ltd., a company listed on the Toronto Stock Exchange (TSX:XRG) has just announced the closing of its Rule 144A sale of $200 million in aggregate principal amount of 9.25% Senior Secured Notes due 2019.  The initial Purchaser Representative for the transaction was UBS Securities LLC.  Xinergy Corp. is a U.S. Central Appalachian producer of high-quality coal.  SAM Attorneys involved in the transaction included:  John McIlvery, Louis Wharton and Sean Greaney.

To learn more about Xinergy Corp., visit their website at