JFT Strategies Fund
TSX : JFS.UN

JFT Strategies Fund
First Asset

First Asset

February 27, 2014 08:05 ET

JFT Strategies Fund Closes Treasury Offering

TORONTO, ONTARIO--(Marketwired - Feb. 27, 2014) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

JFT Strategies Fund (the "Fund") (TSX:JFS.UN) announces that it has completed its treasury offering (the "Offering") of Class A Units and Class F Units, for gross proceeds of $50 million. The Fund has granted the agents for the Offering an over-allotment option to purchase additional Class A Units in an amount up to 15% of the aggregate number of Class A Units issued in connection with the Offering at $12.35 per unit exercisable at any time during the next thirty days.

The syndicate of agents for the Offering was led by CIBC, co-led by National Bank Financial Inc., RBC Capital Markets and TD Securities Inc., and included Scotiabank, BMO Capital Markets, GMP Securities LP, Canaccord Genuity Corp., Raymond James Ltd. and Desjardins Securities Inc.

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