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Article: Canada : Superior Plus Announces CDN$45 Million Bought Deal Equity Financing.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: pinto03
Superior (TSX:SPB) is pleased to announce that it has entered into an agreement, on a bought deal basis, with a syndicate of underwriters co-led by National Bank Financial Inc., TD Securities Inc. and Scotia Capital Inc., and including CIBC World Markets Inc., BMO Capital Markets and Cormark Securities Inc. for an offering of 3,750,000 common shares to be issued at $12.00 per share for gross proceeds of approximately $45 million. Superior has also granted the underwriters an over-allotment option to purchase, on the same terms, up to an additional 416,667 common shares up to 30 days after closing to cover over-allotments. If the over-allotment ...