Timbercreek Financial (TSE:TF) has released an update.
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Timbercreek Financial has launched a new at-the-market equity program (ATM Program), enabling the company to issue up to $90 million in common shares to the public at prevailing market prices. The program, which will operate until the earlier of reaching the maximum amount or April 6, 2026, is intended to bolster the company’s balance sheet for general investment and to support its lending activities in the commercial real estate sector. This strategic move aims to optimize the company’s growth potential and shareholder returns, capitalizing on the post-economic uncertainty era.
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