KingSett Helps Finance Huntingdon Acquisition
KingSett Capital, a Canadian real estate-focused private equity firm, will provide financing in support of Huntingdon Capital Corp.'s proposed acquisition of 100% of the trust units of KEYreit, a small-box retail property owner. In exchange for a new bridge loan facility, KingSett has been granted warrants to purchase shares of Huntingdon. The KEYreit acquisition offer, which will expire on March 18, 2013, has been valued at approximately C$99 million.
27 February 2013•6 mins read
