Brief: Stantec Announces A $250 Million Public Offering Of Common Shares

Stantec

20/11/2023 21:26

Nov 20 (Reuters) - Stantec Inc  STN.TO :
    * STANTEC ANNOUNCES A $250 MILLION PUBLIC OFFERING OF COMMON
SHARES
    * STANTEC INC -  WILL ISSUE FROM TREASURY, AND UNDERWRITERS
SHALL
PURCHASE ON A "BOUGHT DEAL" BASIS, 2.7 MILLION COMMON SHARES AT
A PRICE OF $92.50
    * STANTEC INC - INTENDS TO USE NET PROCEEDS OF OFFERING TO
REPAY
BALANCES OUTSTANDING ON ITS REVOLVING CREDIT FACILITY

Source text for Eikon:  ID:nGNX8Qzsps 
Further company coverage:  STN.TO 

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