Blue Ribbon Income Fund will list up to an additional 3.65 million units on the Toronto Stock Exchange at the open on Friday, Dec. 19, 2014, according to the TSX. As in the fund's Dec. 9, 2014, amended short form prospectus, it plans to sell 3.65 million units at $10.60 each, raising $38.69-million. It has granted the agents an overallotment option to buy up to 547,500 more units at the same price for 30 days from the closing of the offering.
Blue Ribbon Income plans to use the money raised to invest in its portfolio in accordance with its objectives and subject to its restrictions.
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