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Interfor Announces Closing of $144 Million Bought Deal Offering of Common Shares Including Concurrent Exercise of Over-Allotment Option
Globenewswireยท2025-10-01 12:19

Core Points - Interfor Corporation has successfully closed its bought deal treasury offering, raising approximately $143.75 million in gross proceeds [1][2] - The offering included the full exercise of the over-allotment option, resulting in the issuance of a total of 14,303,470 Common Shares at a price of $10.05 per share [2] - The net proceeds from the offering will be utilized to pay down existing debt and for general corporate purposes [2] Company Overview - Interfor is a growth-oriented forest products company operating in Canada and the United States, with an annual lumber production capacity of approximately 4.7 billion board feet [4]