A final prospectus for the initial public offering of the O’Leary Global Infrastructure Fund has been filed with Canadian securities regulatory authorities, Gencap Funds LP reported Wednesday.The $100 million offering is expected to close on or about Nov. 14.Gencap says the fund will permit investors to capitalize on the knowledge and capabilities of portfolio advisor […]
EdgePoint Investment Group Inc., the manager of Cymbria Corp., announced Tuesday that Cymbria has completed an initial public offering of 13 million non-redeemable class A shares at a price of $10 a share.Cymbria has also closed a private placement of 9,182,461 non-redeemable class J shares, at a price of $10.00 a share. The aggregate gross […]
Deal flow the slowest since the second quarter of 2003
Royal Bank of Canada today announced a domestic public offering of $200 million of Non-Cumulative, 5 year rate reset Preferred Shares Series AL.The bank will issue eight million Preferred Shares Series AL priced at $25 per share and holders will be entitled to receive non-cumulative quarterly fixed dividend for the initial period ending Feb. 24, […]
Move to a bank holding company has led to confidence in the long-standing institution
Bank of Nova Scotia today announced that it has completed the domestic offering of 12 million, non-cumulative five-year rate reset preferred shares Series 22 at a price of $25 per share. The gross proceeds of the offering were $300 million.The offering was made through a syndicate of investment dealers led by Scotia Capital Inc. The […]
Royal Bank of Canada today announced a domestic public offering of $225 million of Non-Cumulative, five-year rate reset Preferred Shares Series AJ.The bank will issue 9 million Preferred Shares Series AJ priced at $25 per share and holders will be entitled to receive non-cumulative quarterly fixed dividends for the initial period ending Feb. 24, 2014 […]
The Toronto-Dominion Bank today announced today that it has entered into an agreement with a group of underwriters for an issue of 8 million non-cumulative 5-Year Rate Reset Class A Preferred Shares, Series AA, carrying a face value of $25 per share, to raise gross proceeds of $ 200 million. TD Bank intends to file […]
Bank of Nova Scotia today announced that as a result of strong investor demand for its domestic public offering of non-cumulative five-year rate reset preferred shares Series 22 the size of the offering has been increased to 12 million shares. The gross proceeds of the offering will now be $300 million.The offering was made through […]
CIBC today announced that it had entered into an agreement with a group of underwriters led by CIBC World Markets Inc. for an issue of preferred shares worth $225 million.The 9 million non-cumulative Rate Reset Class A Preferred Shares, Series 33 are priced at $25 per share.CIBC has granted the underwriters an option, exercisable in […]