New meetings may be held after warrants expire
Closed-end fund will initially invest primarily in income trust units
Units now trading on TSX
Trust to convert to open-end mutual fund in 2010
Investment trust to invest in securities of mid and large-cap Canadian and global issuers
O’Leary Canadian Income Opportunities Fund has successfully issued an additional 385,000 trust units and 385,000 warrants after the syndicate of agents exercised their over-allotment option, O’Leary Funds Management LP said Thursday.Total gross proceeds are now $130,620,000. The trust units and warrants and now trade on the TorontoStock Exchange.The syndicate of agents was co-led by CIBC […]
O’Leary Funds Management LP has completed the initial public offering of 10.5 million units for the O’Leary Canadian Income Opportunities Fund, the company announced on Thursday. The units were offered at a price of $12.00 per unit for aggregate gross proceeds of $126 million. The fund has granted the agents an over-allotment option to acquire […]
A final prospectus for the initial public offering of the O’Leary Canadian Income Opportunities Fund has been filed with Canadian securities regulatory authorities, O’Leary Funds Management said Friday.The fund has been created to invest in an actively managed portfolio comprised primarily of publicly traded securities of Canadian mid- and large-cap issuers providing investors with both […]
A preliminary prospectus for the O’Leary Canadian Income Opportunities Fund has been filed with Canadian securities regulators, O’Leary Funds Management LP said Wednesday.The fund’s investment objective is to provide unitholders with monthly distributions initially targeted to be 9¢ per trust unit, or $1.08 annually, representing an annual cash distribution of 9% based on the $12 […]
The O’Leary Global Income Opportunities Fund has successfully issued an additional 725,000 units for total gross proceeds of $110.7 million, O’Leary Funds Management LP announced on Wednesday.The additional units were issued under the over-allotment option in the issue. The fund was created to invest globally, primarily in publicly-traded investment grade corporate bonds, convertible debt securities, […]