09:57 AM EDT, 08/28/2024 (MT Newswires) -- Sienna Senior Living ( LWSCF ) closed its bought deal financing, raising $144 million.

The company issued 9.6 million common shares at $15 each.

Sienna will use a portion of the proceeds to fund the $15 million required to acquire the remaining 30% ownership interest in Nicola Lodge, a 256-bed best-in-class long-term care community in Port Coquitlam, British Columbia.

Price: 15.22, Change: +0.01, Percent Change: +0.07