RioCan $66.5M Unit Offering

RioCan Real Estate Investment Trust entered into an agreement with a syndicate of underwriters led by CIBC World Markets Inc. for the sale of $66.5 million of RioCan units. The “bought deal”, including the exercise of the “greenshoe”, closed on October 3. The Torys team acting for CIBC World Markets included Pat Koval, Chris Fowles and Catherine Forbes. Gary Litwack and Eric Roblin of Fogler, Rubinoff LLP acted for RioCan.