Colliers International Closes $300 Million Public Offering

Paul, Weiss represented the underwriters in Colliers International Group Inc.’s public offering of 2,479,500 subordinate voting shares at a price of $121 per share for gross proceeds of approximately $300 million.

The underwriters were led by BMO Nesbitt Burns Inc. and J.P. Morgan Securities as joint bookrunners. Colliers, a leading diversified professional services and investment management company, intends to use the proceeds to repay balances outstanding on its revolving credit facility and for general corporate purposes.

The Paul, Weiss team included corporate partner Christopher Cummings and tax partner Matthew Jordan.