Trisura Group Completes C$150 Million Bought Deal Public Offering
14 July 2022 - 10:28PM
Trisura Group Ltd. (“Trisura”) (TSX: TSU), a leading specialty
insurance company, announced today that it has completed its
previously announced public offering of 4,512,000 common shares,
including 442,000 common shares issued pursuant to the partial
exercise of the underwriters’ over-allotment option, at a price of
$33.25 per common share, for gross proceeds of approximately $150
million (the “Offering”). The Offering was completed on a bought
deal basis by a syndicate of underwriters led by BMO Capital
Markets and Cormark Securities Inc., and including CIBC Capital
Markets, TD Securities Inc., National Bank Financial Inc., Raymond
James Ltd., RBC Capital Markets and Scotia Capital Inc.
About Trisura GroupTrisura Group Ltd. is a
specialty insurance provider operating in the surety, risk
solutions, corporate insurance, fronting and reinsurance segments
of the market. Trisura has investments in wholly owned subsidiaries
through which it conducts insurance and reinsurance operations.
Those operations are primarily in Canada and the United States.
Trisura Group Ltd. is listed on the Toronto Stock Exchange under
the symbol “TSU”.
Further information is available at
http://www.trisura.com/group. Important information may be
disseminated exclusively via the website; investors should consult
the site to access this information. Details regarding the
operations of Trisura Group are also set forth in regulatory
filings. A copy of the filings may be obtained on Trisura Group’s
SEDAR profile at www.sedar.com
For further information, please
contact:Name: Bryan SinclairTel: 416 607 2135Email:
bryan.sinclair@trisura.com
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