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Under a new prospectus, Capital régional et coopératif Desjardins gains approval to sell the remaining $17 million in shares


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Capital régional et coopératif Desjardins

Jul 10, 2015, 09:19 ET

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MONTRÉAL, July 10, 2015 /CNW Telbec/ - The Autorité des marchés financiers has approved the new prospectus of Capital régional et coopératif Desjardins (CRCD) to continue with the sale of the remaining $17 million under its share issue. The sale will take place until February 29, 2016 or prior, if the $150 million maximum authorized amount for its 2015 issue is reached.

Investors interested in purchasing shares of CRCD may contact a Desjardins caisse immediately to make an appointment. It is not necessary to be or to become a member of a Desjardins caisse to purchase shares of CRCD, which are eligible for a Québec tax credit of 45% and must be held for a minimum period of seven years.

To make the product as widely available as possible, each investor will be limited to a maximum $3,000 investment.

About Capital régional et coopératif Desjardins

With some 96,000 shareholders and $1,502 million in net assets, Capital régional et coopératif Desjardins (CRCD) is a public company managed by Desjardins Business Capital régional et coopératif. CRCD contributes to Québec economic development through several levers developed with its manager, with CRCD as the driving force. These levers form CRCD's entrepreneurial ecosystem designed to value and nurture the best of Québec entrepreneurship.  As a result, CRCD now supports the growth of over 380 businesses, cooperatives and funds in various industries spanning all Québec regions, helping to create and retain 62,000 jobs. (www.capitalregional.com)

 

SOURCE Capital régional et coopératif Desjardins

For further information: For journalists only: André Chapleau, Capital régional et coopératif Desjardins, 514-281-7229 or 1-866-866-7000, ext. 5557229, [email protected]; For investors: Shareholder Services, 1-888-522-3222

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Capital régional et coopératif Desjardins

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