National Bank of Canada (TSE:NA) has released an update.
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The National Bank of Canada has announced the filing of a prospectus supplement linked to a previously declared public offering of subscription receipts totaling over $500 million, with the possibility of increasing to $575 million if an over-allotment option is exercised. These documents, which detail the terms of the equity financing, are now publicly available on the SEDAR+ platform. While the offering will extend to qualified institutional buyers in the United States, the subscription receipts have not been registered under U.S. securities laws and will only be sold in compliance with exemption regulations.
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