CAE US$287m marketed public offering
CAE sold shares in the US and Canada to fund part of the L3Harris Military Training acquisition.
- Company
- CAE
- Type
- Equity raise
- Status
- Completed
- Date
- 12 Mar 2021
- Value
- US$287m
- Value basis
- 10,454,545 shares at US$27.50, including the over-allotment option in full (about C$360m)
- Region
- Canada
- Segment
- Listed equity
Parties
- CAE issuer
Key terms
- Price
- US$27.50 a share
- Joint bookrunners
- Goldman Sachs, TD Securities, RBC Capital Markets and Scotiabank
- Use of proceeds
- Part of the purchase price of L3Harris Military Training
Sources
- CAE press release (Form 6-K exhibit): pricing of marketed public offering sec.gov · 9 Mar 2021
- CAE press release (Form 6-K exhibit): closing of marketed public offering sec.gov · 12 Mar 2021
Record DEF-INV-2021-0019. Investments are kept apart from the financings register and never counted in debt totals.
