trending Market Intelligence /marketintelligence/en/news-insights/trending/fumcajh-it_5exh1itx4yg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Underwriters in NorthWest Healthcare offering exercise overallotment option

Street Talk Episode 41 - How to Win the Funding Battle, Use Fintech to Play Offense

Forward Spark Spreads Suggest Rising Profitability Of US Renewables As Sector Matures

MA Activity The Big Story In Mature Online Video Platform Market

Martina Cheung Backs The Quality Program


Underwriters in NorthWest Healthcare offering exercise overallotment option

The underwriters in NorthWest Healthcare Properties REIT's recently closed bought-deal debenture offering fully exercised their overallotment option to acquire up to an additional C$10.5 million of 5.25% convertible unsecured subordinated debentures.

Following the exercise of the overallotment option, the aggregate gross proceeds of the offering have increased to C$80.5 million.

The company used the net proceeds, together with existing resources, to repay its Brazilian term loans maturing Dec. 21.

It plans to use the remaining net proceeds to finance the purchase of a C$19.1 million medical office building in Hamburg, Germany; to fund the potential future repayment of higher-cost convertible debentures with 2017 par calls; and for general trust purposes.

The syndicate of underwriters is led by BMO Capital Markets and RBC Capital Markets.