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TransForce Inc. Completes $143.75 Million Bought-Deal Offering of 6% Convertible Unsecured Subordinated Debentures
TransForce Inc. Completes $143.75 Million Bought-Deal Offering of 6% Convertible Unsecured Subord...
About this update from Tfi International Inc.
[{"type":"text","content":"\n\n\n\n Nov. 19, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/This release is intended for distribution in Canada only and is not intended for distribution to United States\n newswire services or for dissemination in the United States/ \n\n\n-     Over-allotment option exercised in full by underwriters\n\n\nMONTREAL, Nov. 19 /CNW Telbec/ - TransForce Inc. (TSX: TFI) announced today that it has completed its\n previously-announced bought-deal public offering by issuing 6%\n convertible unsecured subordinated debentures in an aggregate principal\n amount of $143.75 million.  The convertible debentures have been\n approved for listing on the Toronto Stock Exchange and will commence\n trading today under the symbol "TFI.DB".\n\n\nThe convertible debentures were sold to a syndicate of underwriters\n co-led by National Bank Financial Inc. and RBC Dominion Securities\n Inc., acting as joint book-runners, and including BMO Capital Markets,\n CIBC World Markets Inc., Desjardins Securities Inc., Scotia Capital\n Inc. and Cormark Securities Inc.  The $143.75 million aggregate\n principal amount of convertible debentures sold today included\n $18.75 million of convertible debentures issued by TransForce upon the\n exercise in full by the underwriters of an over-allotment option,\n solely to cover over-allotments purposes.\n\n\nTransForce intends to use the net proceeds of the offering for general\n corporate purposes, to...