PICKERING, Ontario, Canada-Clearnet Communications Inc. appointed two underwriting syndicates in connection with concurrent public offerings of senior discount notes due 2008 and Class A nonvoting shares.
The underwriting syndicate for the senior discount notes is being led by RBC Dominion Securities Inc., and co-managed by Morgan Stanley Canada Ltd., CIBC Wood Gundy Securities Inc., Chase Securities Inc. and TD Securities Inc.
Clearnet plans to raise $210 million from the issue of the senior discount notes.
The underwriting syndicate for the nonvoting shares is being co-led by RBC and Morgan Stanley, and co-managed by BT Alex. Brown Canada Inc., HSBC James Capel Canada Inc., Merrill Lynch Canada Inc. and ScotiaMcLeod Inc.
