Toronto-based Morguard Real Estate Investment Trust issued a short form prospectus of $87 million convertible subordinated debentures on a bought deal basis on July 31, 2002. Proceeds from the offering were used by Morguard to acquire additional properties. Co-led by RBC Dominion Securities Inc. and TD Securities Inc., the underwriting syndicate also included CIBC World Markets Inc., BMO Nesbitt Burns Inc., Scotia Capital Inc. and Trilon Securities Corporation.
Morguard was represented by Margaret Nelligan, Jennifer Wainwright, Dennis Miller and Derek Chum of Aird & Berlis LLP and Carol Burns, also of Aird & Berlis, provided advice on certain tax matters. The underwriters were represented by Patricia Koval, Philip Mohtadi, Gavin Sinclair and Timothy Rorabeck of Torys LLP.
Morguard was represented by Margaret Nelligan, Jennifer Wainwright, Dennis Miller and Derek Chum of Aird & Berlis LLP and Carol Burns, also of Aird & Berlis, provided advice on certain tax matters. The underwriters were represented by Patricia Koval, Philip Mohtadi, Gavin Sinclair and Timothy Rorabeck of Torys LLP.