IE Staff
(September 29 – 13:25 ET) – Firm
Capital Mortgage Investment Fund
today said it filed a final
prospectus with the regulators for
an initial public offering.
The mortgage investment fund
said it expects to raise $24
million through the offering,
which is expected to close Oct.
6. It said $21 million will be
used to acquire an initial
portfolio of 79 mortgages.
The IPO is being sold by a
syndicate led by TD Securities
Inc. and including RBC
Dominion Securities Inc., Nesbitt
Burns Inc., National Bank
Financial Corp., HSBC Securities
(Canada) Inc., Desjardins
Securities Inc. and Research
Capital Corporation.
IE Staff
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