New Flyer Industries completes IDS offering
|Areas||REITs and Income Securities, Tax|
Goodmans represented the underwriters in connection with New Flyer Industries Inc. and New Flyer Industries Canada UL's $110 million bought deal follow-on offering of income deposit securities. The underwriting syndicate was led by CIBC World Markets and Scotia Capital. The proceeds of the offering were used to purchase a portion of the retained interest from the former private equity sponsors and management.