CPL Long Term Care Real Estate Investment Trust, which is the largest owner of long-term care facilities in Canada, completed in early June, 2000 the first public convertible debenture offering by a real estate investment trust. The offering raised $34.5 million and was underwritten by a team led by CIBC World Markets.
Stephen Pincus, Sheldon Freeman and David Sherman of Goodman Phillips & Vineberg acted for CPL on the deal. Jonathon Levin, Gregory HoYeun and Claudia Feldkamp of Fasken Martineau DuMoulin LLP acted for the underwriters.
Stephen Pincus, Sheldon Freeman and David Sherman of Goodman Phillips & Vineberg acted for CPL on the deal. Jonathon Levin, Gregory HoYeun and Claudia Feldkamp of Fasken Martineau DuMoulin LLP acted for the underwriters.
