First Asset

First Asset
First Asset U.S. & Canada LifeCo Income Fund
TSX : ULC.UN

First Asset U.S. & Canada LifeCo Income Fund

September 17, 2013 08:00 ET

First Asset U.S. & Canada LifeCo Income Fund Announces Exercise of Over-Allotment Option

TORONTO, ONTARIO--(Marketwired - Sept. 17, 2013) -

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

First Asset U.S. & Canada LifeCo Income Fund (the "Fund") (TSX:ULC.UN) announces that the syndicate of agents for the Fund's initial public offering has exercised the over-allotment option and acquired an additional 225,000 units of the Fund. In total, the Fund issued 13,725,000 units pursuant to its initial public offering at $10 per unit, for gross proceeds of $137,250,000. The Fund's units are listed on the Toronto Stock Exchange under the symbol ULC.UN.

The Fund's syndicate of agents for this offering was led by CIBC, co-led by National Bank Financial Inc. and RBC Capital Markets, and included TD Securities Inc., BMO Capital Markets, Scotiabank, Canaccord Genuity Corp., Raymond James Ltd., Desjardins Securities Inc., Macquarie Private Wealth Inc., GMP Securities L.P., Manulife Securities Incorporated and Rothenberg Capital Management Inc.

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