trending Market Intelligence /marketintelligence/en/news-insights/trending/hp_mozllsdnjutcuzifrha2 content esgSubNav
In This List

True North Commercial REIT upsizes bought-deal offering

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


True North Commercial REIT upsizes bought-deal offering

Office-focused real estate investment trust True North Commercial REIT increased its bought-deal offering to 5.5 million trust units from 4,710,000 trust units, at C$6.37 apiece, for gross proceeds of roughly C$35 million.

The underwriters, led by CIBC Capital Markets and Raymond James Ltd., have a 30-day overallotment option to purchase up to 825,000 additional trust units.

The offering is expected to close on or around March 1.