Tricon Investment Partners prices IPO to bring in $140 mln
Tricon Investment Partners (TIP), an affiliate of Canadian real estate private equity firm Tricon Capital Group, has revised its recently filed preliminary prospectus for an initial public offering of subordinate voting shares. TIP plans to sell the shares at an offering price of between $10 and $11 per share, which will generate gross proceeds of about $140 million. The offering is expected to be completed next month. TIP invests in for-sale residential developments across North America.
15 September 2015•5 mins read
