Montreal advised Laurentian Bank of Canada on a common share offering worth C$144m

January 16, 2018

Client: Laurentian Bank of Canada

Our Montreal office advised Laurentian Bank of Canada (the Bank) on its offering of 2,624,300 common shares (the Shares), which included the exercise in full of the over-allotment option granted to the underwriters. The Shares were priced at C$54.80 per Share for aggregate gross proceeds of C$143,811,640. The offering was made pursuant to the Bank’s short form base shelf prospectus dated December 20, 2016 and the Bank’s prospectus supplement dated January 9, 2018 which were filed with the securities regulatory authorities in all provinces of Canada. The syndicate of underwriters, led by TD Securities Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc., was also comprised of Laurentian Bank Securities Inc., National Bank Financial Inc., RBC Dominion Securities Inc., Desjardins Securities Inc., Scotia Capital Inc., Barclays Capital Canada Inc., Canaccord Genuity Corp. and Cormark Securities Inc.

The team included Solomon Sananes, Michelle Felsky, Thomas Charest-Girard, Sarah Leclerc.