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United Kingdom

Chartwell announces public offering of $245 million of trust units


Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Chartwell Retirement Residences ::Chartwell announces a public offering of $245 million of trust units.Says entered to agreement to issue to public in Canada, on a bought deal basis, 16.1 million trust units at $15.20/trust unit​.Says to use about $202.7 million of proceeds to finance, in part, purchase price for acquisition of 4 retirement communities​. 

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