Intertape Polymer raises $79 million in common share offering
On March 1, 2002, Montreal-based Intertape Polymer Group Inc. raised just over $79 million through a bought deal offering of 5.1 million common shares to a group of underwriters led by HSBC Securities (Canada) Inc. Intertape Polymer, a manufacturer and seller of plastic and paper-based packaging products and systems for industrial and retail use, has plants in twenty North American and European locations.
The underwriters were represented by Fasken Martineau in Montréal, with partner Maurice Forget and associate Frédéric Cotnoir.