Canadian General Investments, Limited: Closing of $75 Million Preferred Share Public Offering
30 Maio 2013 - 10:23AM
Marketwired
Canadian General Investments, Limited (the "Company")
(TSX:CGI)(TSX:CGI.PR.C) announced today that it has completed its
public offering of $75,000,000 (3,000,000 shares), 3.75% Cumulative
Redeemable Class A Preference Shares, Series 4 (TSX:CGI.PR.D).
The net proceeds of this offering will be used, together with
available cash, to repay a short-term loan used to fund the
previously announced redemption of its $75,000,000, 4.65%
Cumulative Redeemable Class A Preference Shares, Series 2 (TSX
symbol: CGI.PR.B), which was completed on May 29, 2013 for an
aggregate amount of $75,716,610 (including accrued and unpaid
dividends from March 15, 2013 to May 28, 2013). This redemption was
in accordance with the terms of the governing short form
prospectus.
Contacts: Canadian General Investments, Limited Jonathan A.
Morgan President & CEO (416) 366-2931 (416) 366-2729
(FAX)cgifund@mmainvestments.com www.mmainvestments.com
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