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Macdonald Dettwiler And Associates Ltd Closes $287.7 Million Offering Of Common Shares

Wednesday, 27 Mar 2013 08:45am EDT 

Macdonald Dettwiler And Associates Ltd announced that it has closed the previously announced public offering of 4,145,750 shares at a price of $69.40 per Share for gross proceeds to MDA of $287,715,050. The Company filed a short form final prospectus in each of the provinces of Canada on March 21, 2013 in connection with the Offering. RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., and TD Securities Ltd., acted as joint-bookrunners for a syndicate of underwriters that included National Bank Financial Inc., CIBC World Markets Inc., Scotia Capital Inc., Raymond James Ltd., Cormark Securities Inc. and GMP Securities L.P. The closing of the Offering included the exercise in full of the over-allotment option of 540,750 Shares by the Underwriters. 

Company Quote

-0.9 -1.06%
4:00pm EDT