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BTB REIT Upsizes Public Offering to $35 Million of Convertible Debentures
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BTB REIT Upsizes Public Offering to $35 Million of Convertible Debentures
Jan 15, 2025 8:07 AM

10:39 AM EST, 01/15/2025 (MT Newswires) -- BTB Real Estate Investment Trust (BTB-UN.TO) on Wednesday upsized its convertible debenture financing by $5 million, to $35 million. The underwriters have also been granted a $5.25 million over-allotment option, up from the previous $4.5 million.

In all other respects, the terms of the offering involving the Series I convertible unsecured subordinated debentures due February 28, 2030, will remain as previously disclosed on January 14, 2025.

BTB was last seen up $0.03, to $3.31, on the Toronto Stock Exchange.

Price: 3.31, Change: +0.03, Percent Change: +0.91

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