Edition:
India

Northview Apartment REIT Announces $110 Mln Bought Deal Equity Financing


Thursday, 7 Jun 2018 

June 6 (Reuters) - Northview Apartment REIT ::NORTHVIEW APARTMENT REIT ANNOUNCES A $110 MILLION BOUGHT DEAL EQUITY FINANCING AND A $152 MILLION STRATEGIC ACQUISITION IN ONTARIO AND NOVA SCOTIA.NORTHVIEW APARTMENT REIT - AGGREGATE PURCHASE PRICE FOR ACQUISITION WILL INITIALLY BE FUNDED IN PART BY CASH CONSIDERATION OF $80.1 MILLION.NORTHVIEW APARTMENT REIT - PRICE FOR ACQUISITION WILL ALSO BE FUNDED BY EQUITY OFFERING OF $15.0 MILLION, NEW AND ASSUMED MORTGAGE DEBT OF $56.7 MILLION. 

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