On December 7, Hardwoods Distribution Inc. completed its $100.6 million public offering of common shares, including the exercise in full of an over-allotment option granted to the underwriters. The offering was led by Cormark Securities Inc. and National Bank Financial Inc., acting as co-leads and joint bookrunners on behalf of the syndicate of underwriters. The proceeds from the offering will be used to repay indebtedness and for working capital and general purposes.
Hardwoods Distribution Inc. specializes in distributing non-structural architectural grade building products to the residential, repair and remodel, and commercial construction industries.
Osler, Hoskin & Harcourt LLP advised Hardwoods Distribution Inc. with a team consisting of Trevor Scott, Jason Comerford, Nicole Cargill (Corporate), Timothy Hughes and James Chang (Tax).
Key Contact
Partner, Corporate, Vancouver
Team
Associate, Corporate, Vancouver
Associate, Tax, Toronto
Partner, Tax, Toronto
Partner, Corporate, New York
