EQB Inc. Raises C$200 Million in Oversubscribed Capital Notes Sale

2 articles · Updated · Bloomberg · Apr 20

EQB Inc. has raised C$200 million through the sale of limited recourse capital notes.
The additional tier one securities were priced at a yield 3.65 percentage points above the government curve, amid strong investor demand.
The offering attracted orders from 38 buyers, with total demand exceeding three times the deal size, indicating robust market interest.

Is EQB's C$200M capital raise enough for its massive PC Financial takeover and to challenge Canada's big banks?

Could EQB's aggressive growth strategy trigger tighter capital requirements from Canadian financial regulators?

After the Credit Suisse collapse, what protects investors in EQB’s new high-yield bonds from a total loss?

Why did EQB's 'successful' bond sale require such a high-interest rate premium over government debt?

With its new acquisition and complex financing, can EQB maintain its focus on simple digital banking for customers?