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Cargojet Announces C$350 Million Bought Deal Equity Offering

Share: Not for distribution to US news wire services or dissemination in the United States MISSISSAUGA, Ontario, Jan. 12, 2021 (GLOBE NEWSWIRE) Cargojet Inc. ( Cargojet or the Company ) (TSX:CJT) is pleased to announce that it has entered into an agreement with Scotiabank, CIBC Capital Markets, RBC Capital Markets, J.P. Morgan Securities Canada Inc., Morgan Stanley Canada Limited and BMO Capital Markets acting as co-leads and joint bookrunners, on behalf of a syndicate of underwriters (collectively, the Underwriters ), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 1,642,000 common voting shares ( Common Voting Shares ) and/or variable voting shares ( Variable Voting Shares and, together with the Common Voting Shares, the Shares ) of Cargojet at a price of C$213.25 per Share (the Offering Price ) for aggregate gross proceeds to Cargojet of C$350,156,500 (the Offering ).

Air Canada raises USD666m through public share offering

Air Canada raises USD666m through public share offering Air Canada closed (30-Dec-2020) a public offering of 35.42 million voting shares at a price of CAD24 (USD18.82) per share, raising aggregate gross proceeds of CAD850 million (USD666.5 million). The company granted underwriters an option to purchase up to an additional 15% of the shares in the offering, exercisable in whole or in part up until 30 days after the offering. Air Canada will use the net proceeds to supplement working capital and for general corporate purposes. The net proceeds will increase the airline s cash position, allowing additional flexibility in operations and in the implementation of pandemic mitigation and recovery measures. The active joint book running managers for the offering are TD Securities, JP Morgan Securities Canada, Citigroup Global Markets Canada and Morgan StanleyCanada. [more - original PR]

Air Canada Announces Closing of Offering of Shares

Share this article /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MONTREAL, Dec. 30, 2020 /CNW Telbec/ - Air Canada (TSX: AC) (the Company ) announced today the closing of its previously announced overnight marketed public offering of 35,420,000 Class A Variable Voting Shares and/or Class B Voting Shares of the Company ( Shares ) at a price to the public of C$24.00 per Share, for aggregate gross proceeds of approximately C$850 million (the  Offering ). The Company has granted the underwriters an option to purchase up to an additional 15% of the Shares in the Offering, exercisable in whole or in part at any time until 30 days after the date hereof.

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