Sleep Country goes public

By Staff | July 16, 2015 | Last updated on July 16, 2015
1 min read

If you thought Sleep Country had one of the catchiest jingles around, get this: the mattress retailer has gone public (for a second time), and its stock symbol is ZZZ.

Read: Sleep Country reportedly planning IPO

The company announced the successful closing of its initial public offering of common shares at a price of $17.00 per share. It issued 17,650,000 shares under the offering for total gross proceeds of $300,050,000.

The underwriting syndicate was led by TD Securities Inc. and BMO Nesbitt Burns Inc., and included CIBC World Markets Inc., Scotia Capital Inc., Credit Suisse Securities (Canada) Inc., GMP Securities L.P., National Bank Financial Inc. and Raymond James Ltd.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.