trending Market Intelligence /marketintelligence/en/news-insights/trending/zuHh5DLRL545nsRiIJPkCw2 content esgSubNav
In This List

BTB REIT closes partial exercise of overallotment option in public offering

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Blog

Infographic: The Big Picture 2023 Issuer & Investor Relations Outlook


BTB REIT closes partial exercise of overallotment option in public offering

BTB REITsaid the underwriters for its publicoffering of units exercised their overallotment option and acquiredan additional 565,342 units at C$4.55 apiece.

The REIT wrapped up the partial exercise of the overallotmentoption, which generated total net proceeds of around C$2.5 million, after deductionof the underwriters' fee.

The exercise of the overallotment option brought the offering'saggregate gross proceedsto roughly C$32.5 million.

National Bank Financial Inc. led the syndicate of underwriters,including TD Securities Inc., Laurentian Bank Securities Inc., Raymond James Ltd.,Scotia Capital Inc., Echelon Wealth Partners Inc., GMP Securities LP, Dundee SecuritiesLtd. and Industrial Alliance Securities Inc.