Capstone Headwaters advised an international railway and steel precision manufacturer on its acquisition by a specialty railway equipment consolidator. The client’s specialties range from steel and industrial boiler products and services to permanent railroad products. The acquirer owns a wide span of railway and road transportation businesses in the region. The addition of this particular company to its portfolio will be a highly desirable new asset to international clients. Terms of the deal were not disclosed.
The new bonds have a maturity date scheduled for 2022 and a fixed yearly interest rate of 3.75%.
Vancity Community Investment Bank (“VCIB”), a subsidiary of Vancity, is a values-based financial co-operative.
Now in its 7th edition, this issue of IMAP’s flagship publication Creating Value, takes an in depth look at Africa, where IMAP recently held its bi-annual international conference for the first time since the company’s inception in 1973.