Cominar Real Estate Investment Trust completes a $110M offering of convertible debentures

On October 10, 2007 Cominar Real Estate Investment Trust, one of the largest commercial property owners and managers in the Province of Quebec, completed a public offering of $110 million principal amount of 5.80 % convertible unsecured subordinated debentures.

The offering was completed on a bought deal basis through a syndicate of underwriters led by National Bank Financial Inc. that comprised RBC Dominion Securities Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Desjardins Securities Inc., Canaccord Capital Corporation and Genuity Capital Markets G.P.

The underwriters were represented by a team of Lavery, de Billy comprised of Marc Rochefort, Michel Servant, Réda Saad and Jean-Michel Fournier (corporate finance and securities) and Philip Nolan (tax).

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