First Asset Diversified Convertible Debenture Fund
TSX : DCD.UN

First Asset Diversified Convertible Debenture Fund
First Asset

First Asset

April 26, 2007 08:59 ET

First Asset Diversified Convertible Debenture Fund Announces Exercise of Over-Allotment Option

TORONTO, ONTARIO--(CCNMatthews - April 26, 2007) - First Asset Diversified Convertible Debenture Fund (the "Fund") (TSX:DCD.UN) announces that the Fund's syndicate of agents for its follow-on offering has exercised its over-allotment option and acquired an additional 562,500 units of the Fund. In total, the Fund issued 4,312,500 units pursuant to the follow-on offering, representing total gross proceeds of $86.25 million. The units of the Fund are listed on the Toronto Stock Exchange under the symbol DCD.UN.

The syndicate of agents for this offering was co-led by CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., and TD Securities Inc., and included HSBC Securities (Canada) Inc., Dundee Securities Corporation, Canaccord Capital Corporation, Raymond James Ltd., Wellington West Capital Inc., Blackmont Capital Inc., Berkshire Securities Inc., Desjardins Securities Inc., Research Capital Corporation and Richardson Financial Partners Limited.

Contact Information

  • First Asset Funds Inc.
    Rob MacNiven
    Investor Relations
    (416) 642-1289 or 1-877-642-1289
    Website: www.firstassetfunds.com