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
-
REITS and Income Securities
Minto Apartment REIT completes going-private transaction with Crestpoint and Minto Group
Goodmans LLP acted for Minto Apartment Real Estate Investment Trust (the “REIT”) in connection with its going-private transaction with Crestpoint Real Estate Investments Limited Partnership… -
Mergers and Acquisitions
Jamieson Wellness to be acquired by Kirin Holdings in a deal valued at approximately C$2.5 billion
Goodmans LLP is acting for Jamieson Wellness Inc. in connection with its definitive arrangement agreement with Kirin Holdings Company, Limited, pursuant to which Kirin has agreed to acquire all of the… -
Mining
Paulson and NOVAGOLD RESOURCES announce US$4.2 billion Donlin Gold consolidation
Goodmans LLP is advising Paulson & Co Inc. in connection with the definitive agreements under which NOVAGOLD RESOURCES INC. will acquire Paulson's 40% interest in Donlin Gold LLC in an all-share… -
Mining
Cadillac Mines Corporation launches IPO
Goodmans LLP is acting as Canadian legal counsel to Cadillac Mines Corporation in connection with its initial public offering of common shares and special flow-through shares, and its concurrent C… -
Capital Markets
MDA Space completes upsized US$819 million bought deal offering
Goodmans LLP acted for MDA Space Ltd. in connection with the completion of its upsized bought deal offering of common shares of MDA Space in Canada and the United States for approximately US… -
Mergers and Acquisitions
Onex Partners and co-investors to acquire AirSprint
Goodmans LLP is acting as M&A legal counsel to Onex Partners in connection with the acquisition of AirSprint Inc. by Onex and its co-investors…