"34 Goodmans lawyers across 13 practice areas ranked as among the best lawyers in Canada." - Chambers Global
Goodmans News & Events

Stephen Pincus quoted in "Income Securities - a Canadian export...and import", The Globe and Mail

September-27-2004

Lawyer Stephen Pincus
Area REITs and Income Securities

Details

Excerpt from "Income Securities - a Canadian export...and import", by Alexander MacKenzie:

Stephen Pincus quoted:

Like income funds, income securities can be used for an IPO by a privately owned business or a conversion by an existing public company.  Often, such businesses are owned by private equity funds that need to realize on their investments within a certain time period.  As Mr. Pincus notes, "Because the Canadian market values income funds and income securities primarily on the basis of their cash distributions, these structures may provide a more attractive exit option than a private sale or a conventional IPO."