05-Mar-2021 8:40 AM
CAE Completes $700 million Private Placement Subscription Receipt Offering
Direct News Source
CAE today announced that it has completed its previously announced private placements of subscription receipts (the "Private Placements") to Caisse de dépôt et placement du Québec ("CDPQ") and GIC Private Limited ("GIC") of an aggregate of 22,400,000 subscription receipts at a price of $31.25 per subscription receipt for aggregate gross proceeds of C$700 million (approximately US$550 million).
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This press release was sourced from CAE on 04-Mar-2021.