O’Leary Global Income Opportunities Fund completed its initial public offering for aggregate gross proceeds of $102 million, O’Leary Funds Management LP announced Friday. The IPO consisted of 8.5 million units issued at a price of $12 per unit.The fund has granted the agents an over-allotment option to acquire up to an additional 1,275,000 units.The initial […]
Front Street Capital has completed a first closing of the Front Street Flow-Through 2009-I Limited Partnership units offering, the company announced Thursday.The offering raised a total of $30,196,350 for investments in flow-through shares of Canadian resource companies and other permitted investments.Front Street focuses on companies engaged in oil and gas or mining exploration, development or […]
Bank unveils new preferred share issue
Bank to issue preferred shares
Gross proceeds will now total $350 million, an increase from the $200 million originally expected
Offering will result in eight million shares sold for a total of $200 million
Manulife continues to be well capitalized and is able to withstand additional volatility
Private placement to raise $135 million
O’Leary Global Income Opportunities Fund has filed the final prospectus for its initial public offering of units, O’Leary Funds Management said Monday.The offering is expected to close on Feb. 27.The fund proposes to issue $150 million of units at a price of $12 per unit. Each unit consists of one transferable trust unit and one […]
CIBC has increased tthe size of the offering of its Series 35 Shares to 10 million shares as a result of strong investor demand, the bank said Tuesday.The gross proceeds of the offering of non-cumulative Rate Reset Class A Preferred Shares, Series 35 will now be $250 million.In addition, CIBC has granted the underwriters an […]