Six months of no TSX IPO activity
Shares to yield 6.25% annually
Shares will yield 6.6% annually
Expected closing date is Jan. 14
Unitholders adopt rights plan
CI Financial Income Fund has announced it will raise $210 million this month by issuing 15 million units on a bought deal basis.A syndicate of underwriters co-led by GMP Securities L.P. and TD Securities Inc. have agreed to purchase the units at $14per unit. The underwriters will also have an over-allotment option to purchase an […]
Offering will further strengthen bank’s capital ratio
Proceeds to raise insurer’s capital levels, fund acquistions
Deal activity is at the lowest level since 1995
Shares will qualify as Tier 1 capital