Trisura Group completes C$53 million bought deal public offering of common shares
On August 21, 2023, Trisura Group Ltd. (“Trisura”), a leading specialty insurance provider, announced it completed its previously announced public offering of 1,620,000 common shares, including 100,000 common shares issued pursuant to the partial exercise of the underwriters’ over-allotment option, at a price of C$32.90 per common share, for gross proceeds of approximately C$53 million.
The offering was completed on a bought deal basis by a syndicate of underwriters led by BMO Capital Markets and including CIBC Capital Markets, TD Securities Inc., Cormark Securities Inc., National Bank Financial Inc., Raymond James Ltd., RBC Capital Markets and Scotia Capital Inc.
Further information can be found on Globe Newswire’s website.
Trisura is a specialty insurance provider operating in the Surety, Risk Solutions, Corporate Insurance, and Fronting business lines of the market.