The offering was underwritten by a syndicate of underwriters co-led by TD Securities and National Bank Financial and included CIBC World Markets, RBC Dominion Securities, Canaccord Genuity, Raymond James and Macquarie Capital Markets Canada.
The offering, which will be underwritten by Citigroup, is expected to occur on March 19, according to a press release issued by E-Trade, and had been in the works for quite some time: a shelf registration to the offering had been filed with the SEC last May.