Builders Capital Mortgage Corp. (TSE:BCF) has released an update.
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Builders Capital Mortgage Corp. has launched a bond offering approved by the TSX Venture Exchange, seeking to raise $50 million for short-term residential construction mortgages in Alberta and British Columbia. The offering features bonds that share equal risk and returns with existing shares, promising enhanced shareholder returns without additional risk. Moreover, bondholders are promised benefits such as professional management, proven risk strategies, and a solid borrower base.
For further insights into TSE:BCF stock, check out TipRanks’ Stock Analysis page.