Firm Capital Mortgage Investment Corporation completes $40 million bought deal financing

1 minute read
27 January 2022

On January 27, 2022, Firm Capital Mortgage Investment Corporation (TSX: FC) announced that it had closed its previously announced public offering of $40,000,000 aggregate principal amount of 5.00% convertible unsecured subordinated debentures due March 31, 2029.

The offering was underwritten by a syndicate of underwriters bookrun by TD Securities Inc., National Bank Financial Inc. and CIBC Capital Markets, and including RBC Capital Markets, Scotiabank, Canaccord Genuity Corp., iA Private Wealth Inc., Raymond James Ltd., Desjardins Securities Inc., Echelon Wealth Partners Inc. and Laurentian Bank Securities.

Gowlings advised the underwriters in this transaction with a team that included Bryce Kraeker, Radhika Vaidyanathan and Lee Sykes.

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