CPPIB to invest US$250 million in financial information firm
The recent success of these deals may pave the way for more IPOs in this sector later this year
Caisse members can contribute to the capitalization of the financial co-operative
Real estate investment trusts drove the IPO market to $2.7 billion in 2013, almost double the figure of 2012 but about half of the $5.5 billion reached in 2011
Fourth quarter activity was particularly strong
Performance of recently completed IPOs spurring investor demand
Seven new offerings accounted for a total of $802 million raised
Proceeds to reduce the amount of the bank’s outstanding subordinated notes
Debt issuance rises
The largest new issue on the TSX came from BRP Inc., which raised $262 million