WSP Announces a $437 Million Public Offering of Common Shares and a Concurrent $64 Million Private Placement From CDPQ and CPP Investments

Jun 02, 2020

MONTREAL, June 01, 2020 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX:WSP, Financial) (“WSP” or the “Corporation”) is pleased to announce that it has entered into an agreement with CIBC Capital Markets, National Bank Financial Inc. and TD Securities Inc. acting as joint bookrunners, on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Corporation will issue from treasury, and the Underwriters shall purchase on a “bought deal” basis, 5,080,000 common shares (the “Shares”) at a price of $86.00 per Share (the “Offer Price”) for gross proceeds to the Corporation of approximately $437 million (the “Offering”).

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