BRIEF-CWB announces increase to previously announced bought deal offering
June 17 (Reuters) - Canadian Western Bank :
* Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 6.1 million shares from cwb at a price of $24.50per share
* Cwb franchise finance portfolio purchase expected to reduce common equity tier 1 ratio by about 15 basis points on closing in q3
* Cwb announces increase to previously announced bought deal offering to a $150 million offering of common shares Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)
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