Multi Select Income Trust completes $144 million initial public offering

Date Closed: 9/16/2004

Value: $144 million 

On September 16, 2004, Multi Select Income Trust (the Trust), an investment trust, completed an initial public offering of 7,201,172 capital units of the Trust (the capital units) at $10 per capital unit and 7,201,172 preferred securities of the Trust (the preferred securities) at $10 per preferred security for gross proceeds of $144,023,440.

Sentry Select Capital Corp., the manager of the Trust, and the Trust were represented by BLG with a team that included Edmund Merringer, Michael DeCosimo and Sarah Gardiner (securities/corporate) and Craig Webster (tax).