On April 16, 2008, RioCan REIT (TSX: REI.UN) completed a public offering in all provinces of Canada, on a bought deal basis, of 6.2 million units for gross proceeds of C$130.51 million.
On April 25, the underwriters fully exercised their over-allotment option to purchase a further 930,000 units at the issue price, which resulted in additional gross proceeds of C$19,576,500.
The syndicate of underwriters was co-led by RBC Dominion Securities Inc. and BMO Nesbitt Burns Inc., and included TD Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., National Bank Financial Inc., Genuity Capital Markets, Blackmont Capital Inc. and Canaccord Capital Corporation.
Further information is found on MarketWire: April 16 press release and April 25 press release.