{"id":32806,"date":"2016-03-23T20:56:05","date_gmt":"2016-03-24T01:56:05","guid":{"rendered":"http:\/\/prefblog.com\/?p=32806"},"modified":"2016-03-23T20:56:05","modified_gmt":"2016-03-24T01:56:05","slug":"cse-pr-a-ownership-change-one-step-closer","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32806","title":{"rendered":"CSE.PR.A Ownership Change One Step Closer"},"content":{"rendered":"<p>Capstone Infrastructure Corporation <a href=\"http:\/\/capstoneinfrastructure.com\/NewsCentre\/NewsRelease?smid=a3629e62-7156-42ab-8fca-f6c828cd3783\">has announced<\/a>:<\/p>\n<blockquote><p>that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement (the &#8220;Arrangement&#8221;) under which, among other things, Irving Infrastructure Corp., a subsidiary of iCON Infrastructure Partners III, L.P. (&#8220;iCON III&#8221;), a fund advised by London, UK-based iCON Infrastructure LLP (&#8220;iCON Infrastructure&#8221;), is to acquire all issued and outstanding common shares of Capstone (&#8220;common shares&#8221;) and Class B exchangeable units of Capstone&#8217;s subsidiary MPT LTC Holding LP (&#8220;Class B units&#8221;) for $4.90 cash per share or unit, as applicable.<\/p>\n<p>The Arrangement was previously approved by Capstone securityholders at Special Meetings held earlier this month.<\/p>\n<p>Capstone expects the Arrangement to be completed by early May of 2016 following fulfillment of certain closing conditions and receipt of regulatory approvals.<\/p><\/blockquote>\n<p>Capstone&#8217;s intent to proceed with the sale has been <a href=\"http:\/\/prefblog.com\/?p=32482\">discussed on PrefBlog<\/a>.<\/p>\n<p>There has been no relevant commentary from S&#038;P, the company&#8217;s sole credit rater.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capstone Infrastructure Corporation has announced: that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement (the &#8220;Arrangement&#8221;) under which, among other things, Irving Infrastructure Corp., a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-32806","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32806"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32806\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}