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.
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