NFI Group Inc. Announces Closing of Bought Deal Financing for Gross Proceeds of Approximately C$450 Million

WINNIPEG, Manitoba, Dec. 02, 2021 (GLOBE NEWSWIRE) — (TSX:NFI, NFI.DB) NFI Group Inc. (“NFI” or the “Company”), one of the world’s leading independent bus and coach manufacturers, today announced that it has closed its previously announced bought deal financing (the “Offering”). Pursuant to the Offering a total of 6,110,000 common shares of NFI (the “Shares”) were issued at a price of C$24.55 per share and C$300 million aggregate principal amount of convertible unsecured debentures (the “Debentures”) were issued, for total aggregate gross proceeds to the Company of approximately C$450 million. Read More