Lazard Global Convertible Bond Fund completed its initial public offering of 6.7 million units at a price of $10.00 per unit, for gross proceeds of $67 million. The units are listed on the Toronto Stock Exchange under the symbol CBF.UN. The offering was made through a syndicate of agents led by BMO Capital Markets, CIBC World Markets Inc. and RBC Dominion Securities Inc. and includes Scotia Capital Inc., Canaccord Capital Corporation, Dundee Securities Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Blackmont Capital Inc., Rothenberg Capital Management Inc., Wellington West Capital Markets Inc., Desjardins Securities Inc., GMP Securities L.P., Manulife Securities Incorporated and Research Capital Corporation.
Lazard Global Convertible Bond Fund was represented by Aird & Berlis LLP, with a team that included Richard Kimel, Jennifer Wainwright, Jeffrey Merk, Susan Pak, Anne Markle and Andrew Magnus (corporate/securities), and Barbara Worndl and Andrew Nicholls (tax).