tiprankstipranks
Firm Capital Announces Major $20M Bought Deal
Company Announcements

Firm Capital Announces Major $20M Bought Deal

Story Highlights

Firm Cap Mortgage Invest (TSE:FC) has released an update.

Stay Ahead of the Market:

Firm Capital Mortgage Investment Corporation has announced a major $20 million bought deal offering, with potential to raise up to $23 million if the over-allotment option is fully exercised. The proceeds from this offering, which is bookrun by TD Securities Inc. and CIBC Capital Markets, are earmarked for repaying debt and general corporate purposes, with the deal expected to close on August 8, 2024.

For further insights into TSE:FC stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App