RF.PR.A Closes – Will Not Be Tracked by HIMIPref™

CA Bancorp has announced:

C.A. Bancorp Canadian Realty Finance Corporation (the “Corporation”) has closed its initial public offering (the “Offering”).

Gross Proceeds: At the closing, the Corporation issued 1,440,000 Preferred Shares, Series 1 (the “Preferred Shares”) for aggregate gross proceeds of $36,000,000. The agents have been granted an over-allotment option to purchase up to 216,000 Preferred Shares at any time during the next 30 days.

Trading Information: The Preferred Shares commenced trading on the Toronto Stock Exchange (“TSX”) today under the symbol RF.PR.A.

This issue will not be tracked by HIMIPref™ for reasons that have been previously discussed.

2 Responses to “RF.PR.A Closes – Will Not Be Tracked by HIMIPref™”

  1. […] is a new issue that settled on February 22. The exercise of the greenshoe of 100,000 shares was announced March 20. Today’s closing […]

  2. […] a rating, the issue will not be tracked by HIMIPref™, as was the case with RF.PR.A and CWB.PR.A, I’m not convinced that without a rating there will be much public pressure on […]

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