Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Stock Traders Daily
$20.00
Provider: ValuEngine, Inc.
$25.00
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Western Forest Products Inc Announces Closing of the Secondary Offering by Brookfield Asset Management Inc's Brookfield Special Situations


Wednesday, 9 Oct 2013 09:22am EDT 

Western Forest Products Inc and Brookfield Special Situations Management Limited, a wholly-owned subsidiary of Brookfield Asset Management announced that they have closed the previously announced bought deal secondary offering, through which Brookfield sold 46,000,000 units at an offering price of $1.45 per Offered Unit for aggregate gross proceeds to Brookfield of CAD66,700,000. Each Offered Unit consisted of one non-voting share of the Company owned by Brookfield and one voting common share purchase warrant of the Company, with each Warrant entitling the holder thereof to purchase one voting common share of the Company owned by Brookfield at a price of $1.60 until July 31, 2014. The Offering was conducted by Scotiabank, CIBC World Markets Inc., Goldman Sachs Canada Inc., RBC Dominion Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc., HSBC Securities (Canada) Inc., National Bank Financial Inc. and Raymond James Ltd. Closing of the Offering included the full exercise of the over-allotment option granted to the Underwriters.