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TORONTO, ONTARIO--(Marketwired - March 15, 2017) - Slate Office REIT (TSX:SOT.UN) (the "REIT"), a leading owner of office properties in Canada, announced today that it has closed its previously announced offering of 14,820,000 subscription receipts (the "Subscription Receipts") of the REIT at a price of $8.10 per Subscription Receipt for gross proceeds of approximately $120 million (the "Offering"). The Offering was completed on a bought deal basis through a syndicate of underwriters co-led by BMO Nesbitt Burns Inc., CIBC World Markets Inc. and TD Securities Inc. The Subscription Receipts will commence trading on the Toronto Stock Exchange today under the ticker symbol SOT.R. |
