RBC Capital Markets

RBC Capital Markets in CAPREIT’s $345 million equity financing

Client

RBC Capital Markets

Value

$345 million

Service

Capital Markets

Date Closed

April 2019

Industry

REITs

Lead Office

Toronto

 

On April 23, 2019, Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) completed its previously announced $345 million equity financing. The offering was sold through a syndicate of underwriters led by RBC Capital Markets on a bought-deal basis.

RBC Capital Markets is a global investment bank providing services in banking, finance and capital markets to corporations, institutional investors, asset managers and governments globally.

Osler, Hoskin & Harcourt LLP advised the underwriters with a team consisting of Chris Murray, Rosalind Hunter and Claire Dunn (Corporate) and Jack Silverson and David Davachi (Tax).