Agrium prices 21.55 mln shares at $58/shr

jueves 13 de diciembre de 2007 04:36 CET

NEW YORK Dec 12 (Reuters) - Agrium Inc (AGU.TO: Cotización) said on Wednesday it agreed to issue 21.55 million shares at a price of $58 per share for gross proceeds of $1.25 billion.

It said the offer, expected to close on or about Dec. 18, would be underwritten by a syndicate including RBC Capital Markets as lead manager and Merrill Lynch MER.N, Scotia Capital and UBS Securities Canada as co-lead managers.

(Reporting by Sinead Carew; Editing by Valerie Lee)