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Photos of the TD Securities trading floor in Toronto on April 3 2013.
Photos of the TD Securities trading floor in Toronto on April 3 2013.
(Fred Lum/The Globe and Mail)

Second energy share sale re-priced in one week

It’s rare to have a bought deal re-priced right after it’s launched. The Canadian market just saw this happen twice in one week.

After Bellatrix Exploration Ltd. revamped the terms of its share sale, Madalena Energy Inc. revised the terms of its own on Wednesday, lowering the price at which the shares are sold to investors.