Date closed: 12/14/2015

Value: C$75 million

On December 14, 2015, AutoCanada Inc. (AutoCanada) closed a public offering of common shares. The Company issued 2,950,000 common shares at a price of C$25.50 per share for gross proceeds of C$75 million.

The offering was underwritten by a syndicate of underwriters led by RBC Capital Markets and Scotiabank and included CIBC World Markets, Clarus Securities, Canaccord Genuity, Cormark Securities, HSBC Securities (Canada), AltaCorp Capital, GMP Securities and National Bank Financial.

BLG represented AutoCanada Inc. with a team led by Bruce Lawrence that included Lloyd McLellan and Peter Newman.