Canada-based independent energy company, Perpetual Energy, has raised $154 million in a sale of senior unsecured notes. The bonds, which carry a coupon rate of 8.75%, will mature on March 15, 2018. The company will use the net proceeds from the offering to repay existing indebtedness under its existing credit facility. The closing of the notes offering is expected to occur on or about March 15, 2011.

Click here for the release from Perpetual Energy.