Chartwell Seniors Housing Real Estate Investment Trust completes C$130 million public offering of trust units

Date Closed: 10/29/2010

Value: C$130 million

On October 29, 2010, Chartwell Seniors Housing Real Estate Investment Trust (Chartwell), a real estate investment trust that owns and manages a complete range of seniors housing communities, completed a public offering of 13,775,000 trust units, at a price of $9.45 per unit for gross proceeds of $130,173,750. The offering was completed through a syndicate of investment dealers led by RBC Dominion Securities Inc.

The underwriting syndicate was represented by BLG with a team led by Paul Mingay and Dyana McLellan, and included Shaunik Katyal, Andrew Bunston (securities) and Craig Webster (tax).