Cae announces a $300 million public offering of common shares and a concurrent $150 million private placement with cdpq

Montreal, nov. 16, 2020 (globe newswire) -- (nyse: cae; tsx: cae) - cae inc. (“cae” or the “corporation”) today announced that it has entered into an agreement with scotia capital inc. rbc dominion securities inc. and td securities inc., on behalf of a syndicate of underwriters (collectively, the “underwriters”), pursuant to which the corporation will issue from treasury, and the underwriters shall purchase on a “bought deal” basis, 10,060,000 common shares (the “shares”) at a price of $29.85 per share (the “offer price”) for gross proceeds to the corporation of approximately $300 million (the “offering”).
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