Northwest Healthcare REIT announces $200 million equity offering

Company

Northwest Healthcare Properties Real Estate Investment Trust

Law Firm / Organization
Goodmans LLP

Bank

RBC Dominion Securities Inc.

Law Firm / Organization
McMillan LLP

Bank

Scotia Capital Inc.

Law Firm / Organization
McMillan LLP

On February 3, 2023, Northwest Healthcare Properties REIT announced a $200 million "at-the-market" equity offering, which closed on the same day. Units were sold through RBC Dominion Securities Inc. and Scotia Capital Inc., each earning a 2% commission as agents.

Legal advice was provided by Goodmans LLP for the REIT and McMillan LLP for the agents. The offering proceeds will be used for debt repayment, acquisitions, and general purposes. Units are listed on the TSX under "NWH.UN."

Public/Private Offering
Other
$ 200,000,000
Active