Parties
Company
CT Real Estate Investment Trust
Bank
CIBC World Markets Inc.
Bank
BMO Nesbitt Burns Inc.
On May 25, 2023, CT Real Estate Investment Trust (CT REIT) announced an at-the-market equity offering of up to $100 million. Units were sold on the Toronto Stock Exchange at market prices, with no minimum funds required. CIBC World Markets Inc. and BMO Nesbitt Burns Inc. acted as agents, earning a 2% commission.
Stikeman Elliott LLP advised CT REIT, while Osler, Hoskin & Harcourt LLP represented the agents. Proceeds are earmarked for debt repayment, acquisitions, development, and general purposes, supporting the REIT's growth strategy.
Deal Type
Public/Private OfferingIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date