Case Study

Contango Oil & Gas

Quick Execution

Contango received the new capital for each transaction approximately two weeks after ECS was engaged.

Strong Demand

Each transaction was substantially over-subscribed.

Attractive Terms

Conversion Premium – The conversion price on the each Preferred class was approximately a 20% premium to the 20-day average closing price.

Structure – Contango has right to require conversion of the Preferred based upon certain times and conditions.

Dividend – 6.00% cash or 7.50% payment-in-kind.


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