Performance of recently completed IPOs spurring investor demand
Seven new offerings accounted for a total of $802 million raised
Proceeds to reduce the amount of the bank’s outstanding subordinated notes
Debt issuance rises
The largest new issue on the TSX came from BRP Inc., which raised $262 million
The top equity underwriter was BMO Capital Markets
Complete lack of activity in mining is unprecedented
Smaller and medium-sized businesses often have the greatest potential for expansion and innovation
Proceeds would shore up capital requirements of subsidiary Northern Securities
RBC Capital Markets the top ranked underwriter for the year