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CWB - Canadian Western Bank News Story

C$26.47 -0.1  -0.4%

Last Trade - 4:46pm

Sector
Financials
Size
Mid Cap
Market Cap £1.37bn
Enterprise Value £3.22bn
Revenue £520.7m
Position in Universe 160th / 2679

BRIEF-CWB announces increase to previously announced bought deal offering

Fri 17th June, 2016 2:24pm
June 17 (Reuters) - Canadian Western Bank  CWB.TO : 
    * Underwriters have agreed to purchase, on a bought deal 
basis, an aggregate of 6.1 million shares from cwb at a price of 
$24.50per share 
    * Cwb franchise finance portfolio purchase expected to 
reduce common equity tier 1 ratio by about 15 basis points on 
closing in q3 
    * Cwb announces increase to previously announced bought deal 
offering to a $150 million offering of common shares 
 
Source text for Eikon:  ID:nCCNbQtdKW  
Further company coverage:  CWB.TO  
 
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