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Trisura Group Ltd. Announces C$50 Million Bought Deal Financing

Provided By GlobeNewswire

Last update: Aug 14, 2023

Not for distribution to U.S. news wire services or dissemination in the United States.

TORONTO, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group) (TSX: TSU), a leading specialty insurance provider, has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the “Underwriters”), under which the Underwriters have agreed to buy on bought deal basis 1,520,000 common shares (the “Common Shares”) of Trisura, at a price of $32.90 per Common Share (the “Offering Price”) for gross proceeds of approximately $50 million (the “Offering”).

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