June 17 (Reuters) - Canadian Western Bank CWB.TO :
* Underwriters have agreed to purchase, on a bought deal
basis, an aggregate of 6.1 million shares from cwb at a price of
$24.50per share
* Cwb franchise finance portfolio purchase expected to
reduce common equity tier 1 ratio by about 15 basis points on
closing in q3
* Cwb announces increase to previously announced bought deal
offering to a $150 million offering of common shares
Source text for Eikon: ID:nCCNbQtdKW
Further company coverage: CWB.TO
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