BSR REIT Base Shelf Renewal and ATM
Goodmans LLP acted for BSR in connection with the renewal of its existing base shelf prospectus and a final short form base shelf prospectus (the "Shelf Prospectus"), which is valid until January 1, 2024.
The Shelf Prospectus allows the REIT to continue to maintain financial flexibility with the ability to offer up to an aggregate US$500,000,000 of Units, debt securities, subscription receipts and warrants, or any combination thereof, (the "Securities") on an accelerated basis pursuant to the filing of prospectus supplements. Each prospectus supplement will contain specific information concerning the use of proceeds from that sale of Securities.
Goodmans LLP also acted for the REIT in connection with an at-the-market equity program (the "ATM Program") that allows the REIT to issue up to US$150,000,000 (or its Canadian dollar equivalent) of trust units ("Units") from treasury to the public from time to time, at the REIT's discretion. Any Units sold in the ATM Program will be sold through the Toronto Stock Exchange (the "TSX"), or any other marketplace on which the Units are listed, quoted or otherwise traded in Canada, at the prevailing market price at the time of sale.
Expertise
Featured Work
-
Capital Markets
NorthWest Healthcare Properties REIT $150 Million Supplement and $165 Million Equity Financing
Goodmans LLP acted for NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) in connection with its $150,006,000 supplement dated March 25, 2022 and in… -
Capital Markets
BSR REIT $115 Million Bought Deal Equity Offering
Goodmans LLP acted for BSR in connection with its public offering of trust units of the REIT to a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets and CIBC Capital Markets… -
Capital Markets
Playmaker Capital Final Base Shelf Prospectus
Goodmans LLP acted for Playmaker Capital Inc. (TSX-V: PMKR) (“Playmaker”) in connection with the filing of its final short form base shelf prospectus on April… -
Capital Markets
NorthWest Healthcare Properties REIT Completes Public Equity Offering for Gross Proceeds of $172,506,900
Goodmans LLP acted for NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) ("NorthWest" or the "REIT") in connection with its previously announced public offering (the "Public… -
Capital Markets
Medicine Man Technologies NEO Listing
Goodmans LLP acted for Medicine Man Technologies, Inc., dba Schwazze (OTCQX: SHWZ) (NEO: SHWZ) in connection with their listing of common shares on the NEO Exchange – a tier one Canadian stock… -
Capital Markets
Sienna Senior Living Common Share Offering for Gross Proceeds of Approximately $86 Million
Goodmans LLP acted for Sienna Senior Living Inc. (TSX:SIA) (“Sienna” or the “Company”) in the connection with a bought deal offering (the “Offering”) of common shares of the Company (“Common Shares…