trending Market Intelligence /marketintelligence/en/news-insights/trending/zuHh5DLRL545nsRiIJPkCw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

BTB REIT closes partial exercise of overallotment option in public offering

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


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.