Interfor Announces $125 Million Bought Deal Offering of Common Shares

By Interfor Corporation
Cision Newswire
September 25, 2025
Category: Finance & Economics
Region: Canada, Canada West

BURNABY, BC — Interfor announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Scotiabank, under which the Underwriters have agreed to purchase, on a bought deal basis, 12,437,800 common shares of the Company at a price of $10.05 per Common Share for gross proceeds of $125 million. The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Common Shares. …The Company intends to use the net proceeds of the Offering to pay down existing indebtedness and for general corporate purposes. …Proceeds of the Offering are expected to further enhance Interfor’s flexibility to navigate near-term market volatility.  The Offering is scheduled to close on or about October 1, 2025.

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