First Asset Diversified Convertible Debenture Fund
TSX : DCD.UN

First Asset Diversified Convertible Debenture Fund
First Asset

First Asset

October 31, 2012 08:11 ET

First Asset Diversified Convertible Debenture Fund Closes Follow-On Offering

TORONTO, ONTARIO--(Marketwire - Oct. 31, 2012) - First Asset Diversified Convertible Debenture Fund (the "Fund") (TSX:DCD.UN) announces that it has completed its follow-on offering (the "Offering") of 852,000 Units (the "Units") of the Fund at a price of $17.62 per Unit, for gross proceeds of approximately $15 million. The Fund has granted the agents for the Offering an over-allotment option to acquire additional Units on the same terms exercisable at any time during the next thirty days.

The syndicate of agents for this Offering was led by CIBC, co-led by RBC Capital Markets, National Bank Financial Inc. and TD Securities Inc., and included BMO Capital Markets, Scotiabank, Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd. and Macquarie Private Wealth Inc.

Contact Information

  • First Asset
    Rob MacNiven
    Investor Relations
    416-642-1289 or 1-877-642-1289
    www.firstasset.com