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Toronto advises a syndicate of underwriters on InterRent REIT C$98m Bought Deal Financing

March 28, 2018 Client: InterRent REIT

Our Toronto office advised a syndicate of underwriters on InterRent REIT’s (InterRent) public offering of 10,005,000 trust units, issued at C$9.78 per unit, equating to C$97,848,900 in gross proceeds.

The offering was provided on a bought deal basis by a syndicate of underwriters, co-led by Desjardins Capital Markets, and BMO Nesbitt Burns Inc., and included RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Genuity Corp., CIBC World Markets Inc., Industrial Alliance Securities Inc., National Bank Financial Inc., Raymond James Ltd., Echelon Wealth Partners Inc. and GMP Securities L.P.

The team included Evelyn Li, Seemal Patel and Rob Corbeil (Canadian securities), Peter Wiazowski (U.S. securities), Adrienne Oliver and Hennadiy Kutsenko (tax), and Oliver Moore (real estate).