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Capital BLF closes a private placement for US$23.5 million

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On March 15, 2013, Capital BLF Inc. closed a private placement of 102,174,000 common shares for total gross proceeds of $23.5 million. The net proceeds of this private placement were used to acquire three properties in Québec City and Montréal. The private placement was brokered by Scotiabank and National Bank Financial Inc., acting as co-lead agents. Fasken Martineau represented the agents in the transaction with a team composed of Robert Paré, Gabriel Castiglio, Caitlin Rose and Benjamin Somers (Corporate/Securities), Lise Rochette and Élise Béland (Real Estate), Pierre-Olivier Charlebois and Émilie Bundock (Environment) and Thomas Copeland (Tax).



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