On December 21, 2023, a syndicate of agents led by National Bank Financial Inc., completed the closing of the initial public offering (the “Offering”) of 2028 Investment Grade Bond Trust (the “Fund”) for gross proceeds of CA$32.5 million.
The syndicate of agents for the Offering was led by National Bank Financial Inc. and included Scotiabank, CIBC Capital Markets, RBC Capital Markets, BMO Capital Markets, Canaccord Genuity Corp., Wellington-Altus Private Wealth Inc., iA Private Wealth Inc., Raymond James Ltd., Richardson Wealth Limited, Desjardins Securities Inc., Echelon Wealth Partners Inc., Independent Trading Group (ITG) Inc., Manulife Securities Incorporated, and Research Capital Corporation.
The Fund’s investment objectives are to pay quarterly dividends by investing in corporate debt securities and preserve capital.
Fasken advised the syndicate of agents with a team that consisted of Anil Aggarwal, Daniel Fuke, Mitchell Thaw and Brittany Vanword.
Jurisdictions
- Canada
- Ontario
