 | TSX Provides Guidance on New Rights Offering Regime |
January-19-2016
| Lawyer | Brad Ross |
| Area | Corporate Finance and Securities |
Summary
The Toronto Stock Exchange (TSX) has published guidance (the "TSX Guidance") on its rights offering rules in light of the recent adoption by the Canadian Securities Administrators (CSA) of a new rights offering regime (the "CSA Amendments"). The CSA Amendments, which are intended to make rights offerings more accessible to issuers while maintaining investor protection, are detailed in our September 28, 2015 Update, CSA Finalize Proposed Amendments to Rights Offering Regime.
