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BRIEF-Killam Apartment REIT announces $70 mln public offering of trust units

Published 2017-02-21, 04:55 p/m
© Reuters.  BRIEF-Killam Apartment REIT announces $70 mln public offering of trust units

Feb 21 (Reuters) - Killam Apartment Reit KMP_u.TO -

* Killam Apartment REIT announces $70 million public offering of trust units

* Killam Apartment REIT - has reached an agreement with a syndicate of underwriters to issue to public on a bought deal basis, 5.5 million trust units

* Killam Apartment REIT - intends to use net proceeds from offering to redeem its 5.45% convertible subordinated debentures Source text for Eikon: ID:nCCN9Dlgl5 Further company coverage: KMP_u.TO

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