Hudson's Bay Company announced today that it
has filed a preliminary prospectus with the securities regulatory authorities
in each of the provinces and territories of Canada in connection with a
proposed initial public offering of its common shares. A copy of this
preliminary prospectus will be available on SEDAR
The offering is being made through a syndicate of underwriters led by RBC
Capital Markets, BMO Capital Markets, CIBC and BofA Merrill Lynch who will act
as joint bookrunners.
No securities regulatory authority has either approved or disapproved of the
contents of this news release. The securities being offered have not been, and
will not be, registered under the United States Securities Act of 1933, as
amended (the ''U.S. Securities Act''), or any state securities laws, and may
not be offered or sold in the United States unless pursuant to an exemption
therefrom. This press release is for information purposes only and does not
constitute an offer to sell or a solicitation of an offer to buy any
securities of Hudson's Bay Company in any jurisdiction.
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