 | NorthWest Healthcare Properties REIT Completes Bought Deal Equity Offering |
2019
| Areas | Corporate Finance and Securities, REITs and Income Securities |
Summary
Goodmans LLP represented NorthWest Healthcare Properties REIT (“NWH REIT”) in connection with its public offering of 14,628,000 trust units ("Units") of the REIT at a price of $11.80 per Unit for total gross proceeds of approximately $172.6 million, which includes proceeds from the full exercise of an over-allotment option to purchase 1,908,000 Units.
The Offering was conducted on a bought deal basis through a syndicate of underwriters co-led by RBC Capital Markets, BMO Capital Markets and Scotiabank.
