Alexis Nihon REIT Closes Convertible Debenture Offering

On August 31, 2004, Alexis Nihon REIT completed a $55 million offering of convertible unsecured subordinated debentures.

Alexis Nihon was represented by Davies Ward Phillips & Vineberg, with a team comprised of Sylvain Cossette, Neil Kravitz and Sébastien Roy (corporate) and Alan Shragie and Fred Purkey (tax). The co-lead underwriters, CIBC World Markets Inc. and National Bank Financial Inc., were represented by Stikeman Elliott, with a team comprised of Anthony Penhale, Louis Morisset and Maxime Turcotte (corporate), Marie-Andrée Beaudry (tax) and Jean Carrier (environment).