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PRIMARIS REIT ANNOUNCES CLOSING OF $124.3 MILLION BOUGHT DEAL SECONDARY EQUITY OFFERING

Newswire.ca - Press Release

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/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

TORONTO, June 20, 2025 /CNW/ - Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX:PMZ-UN.TO) announced today the closing of the previously announced public secondary offering (the "Secondary Offering") of trust units of Primaris (the "Units") to a syndicate of underwriters bookrun by RBC Capital Markets and TD Securities Inc., and co-led by Desjardins Capital Markets (the "Underwriters"), on a bought-deal basis. A total of 8,457,944 Units were sold at a price of $14.70 per Unit pursuant to the Secondary Offering.

Read more at newswire.ca

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Related Symbols

Symbol Last Chg %Chg
RY 168.74 unch unch
Royal Bank of Canada
PMZ-UN.TO 15.66 +0.02 +0.13%
Primaris REIT
RY.TO 232.71 +2.35 +1.02%
Royal Bank of Canada

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