
GreenFirst Products issues C$167m market defining rights offering
Canada | August 19, 2021
Client: GreenFirst Products Inc.
Our Toronto office advised GreenFirst Products Inc. in connection with market defining rights offering for gross proceeds of over C$167m.
Without true precedent in Canadian capital markets, Norton Rose Fulbright offices in Toronto and New York guided GreenFirst through complicated regulatory framework to finance its previously announced acquisition by way of long form prospectus rights offering exercisable for subscription receipts.
The successful rights offering puts GreenFirst, a business focused on sustainable forest planting and harvesting, on track to close their previously announced acquisition at the end of August.
Without true precedent in Canadian capital markets, Norton Rose Fulbright offices in Toronto and New York guided GreenFirst through complicated regulatory framework to finance its previously announced acquisition by way of long form prospectus rights offering exercisable for subscription receipts.
The successful rights offering puts GreenFirst, a business focused on sustainable forest planting and harvesting, on track to close their previously announced acquisition at the end of August.