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Maple Leaf Closes Share Offer
TORONTO - Dec 20/04 - SNS -- Maple Leaf Foods Inc. closed its December 6 share offering, selling 11,340,000 shares at $14.55 each for net proceeds of approximately $161.5 million.
The share offering, together with a $500 million private placement of long-term debt, the announced redemption of its outstanding convertible debentures for cash on January 7, 2005 and the renewal of its primary revolving credit facility, completes the refinancing of Maple Leaf Foods.
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