Encana Announces Expiration of Consent Solicitation and Receipt of
CALGARY, ALBERTA -- (Marketwire) -- 11/20/12 --
Encana Corporation (TSX:ECA) (NYSE:ECA) ("Encana") announced the
results of its consent solicitation to amend the indentures relating
to its 8.125% Notes due 2030, 7.375% Notes due 2031, and 7.2% Notes
due 2031 (collectively, "the Notes"), to amend certain definitions to
reflect Encana's adoption of U.S. GAAP (collectively, the "GAAP
Amendments") and to amend certain provisions to be more consistent
with other indentures executed by Encana. The consent solicitation
expired at 5:00 p.m., New York City time on November 19, 2012 (the
As of the Expiration Time, Encana had received the requisite consent
from holders of each series of Notes to amend the indentures with
respect to the GAAP Amendments and has executed supplemental
indentures to effect the GAAP Amendments.
Wells Fargo Securities acted as the Solicitation Agent for the
consent solicitation. D.F. King & Co., Inc. acted as the Information
and Tabulation Agent.
Advisory: This news release is for informational purposes only and
does not constitute an offer to sell or the solicitation of an offer
to buy the Notes or any other security and shall not constitute an
offer, solicitation or sale in any jurisdiction in which, or to any
persons to whom, such offering, solicitation or sale would be
unlawful. The consent solicitation was made solely pursuant to the
Consent Solicitation Statement dated November 5, 2012 and the
accompanying consent form.
Encana is a leading North American energy producer that is focused on
growing its strong portfolio of diverse resource plays producing
natural gas, oil and natural gas liquids. By partnering with
employees, community organizations and other businesses, Encana
contributes to the strength and sustainability of the communities
where it operates. Encana common shares trade on the Toronto and New
York stock exchanges under the symbol ECA.
SOURCE: Encana Corporation
Vice-President, Investor Relations
Manager, Investor Relations
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