10:31 AM EST - Equitable Group Inc. : Has closed its previously announced bought deal offering and has issued 3,266,000 subscription receipts at a price of $70.50 per Subscription Receipt for gross proceeds of approximately $230 million. This includes the issuance of 426,000 Subscription Receipts on the exercise in full of the over-allotment option granted to the underwriters, which was exercised concurrently with the closing of the Offering. The Offering was made through a syndicate of underwriters bookrun by TD Securities Inc. and RBC Capital Markets, and co-led by CIBC World Markets, Scotia Capital Inc. and BMO Capital Markets. Equitable Group Inc.
shares T.EQB are trading down $0.45 at $75.40.
