Laurentian Bank of Canada announces closing of C$125 million bought deal financing

Laurentian Bank of Canada announces closing of C$125 million bought deal 
MONTREAL, April 3, 2014 /CNW Telbec/ - Laurentian Bank of Canada (TSX: LB) 
("Laurentian Bank") has announced today that it has closed its previously 
announced public offering, on a bought deal basis, of 5,000,000 Basel 
III-compliant Non-Cumulative Class A Preferred Shares, Series 13 (the 
"Preferred Shares Series 13"), at a price of $25.00 per share for gross 
proceeds of $125 million (the "Offering"). 
The Offering was underwritten by a syndicate led by RBC Dominion Securities 
Inc., BMO Capital Markets and Laurentian Bank Securities Inc. 
The Preferred Shares Series 13 will commence trading on the Toronto Stock 
Exchange today under the ticker symbol "LB.PR.H.". 
The Preferred Shares Series 13 were issued pursuant to a prospectus supplement 
dated March 27, 2014 to Laurentian Bank's short form base shelf prospectus 
dated October 10, 2012. 
The securities offered have not been, and will not be, registered under the 
U.S. Securities Act of 1933 (the "U.S. Securities Act"), as amended, and may 
not be offered, sold or delivered, directly or indirectly, in the United 
States, its territories, its possessions and other areas subject to its 
jurisdiction or to, of for the account or benefit of, a U.S. person (as such 
term is defined in the U.S. Securities Act), absent registration or an 
applicable exemption from the registration requirements.  This press release 
shall not constitute an offer to sell or the solicitation of an offer to buy 
nor shall there be any sale of the securities in any State in which such 
offer, solicitation or sale would be unlawful. 
About Laurentian 
Laurentian Bank of Canada is a banking institution whose activities extend 
across Canada. Recognized for its excellent service, proximity and simplicity, 
the Bank serves one and a half million clients throughout the country. Founded 
in 1846, the Bank is among the 2014 edition of the Montréal's Top Employers 
competition, which showcases the city's top 25 companies offering enviable 
places to work. It currently employs some 3,800 people whose talent and 
dedication has made it a major player in numerous market segments. 
Laurentian Bank distinguishes itself through the excellence of its execution 
and its agility. Catering to the needs of retail clients via its extensive 
branch network and constantly evolving virtual offerings, the Bank has also 
earned a solid reputation among SMEs, larger businesses and real estate 
developers thanks to its growing presence across Canada and its specialized 
teams in Ontario, Québec, Alberta and British Columbia. For its part, the 
organization's B2B Bank subsidiary is a Canadian leader in providing banking 
and investment products and services to financial advisors and brokers, while 
Laurentian Bank Securities is an integrated broker that is also widely known 
for its expert and effective services nationwide. The institution has more 
than $33 billion in balance sheet assets and more than $39 billion in assets 
under administration.

SOURCE  Laurentian Bank of Canada 
Gladys Caron Vice-President Public Affairs, Communications and Investor 
Relations 514 284-4500, extension 7511 
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CO: Laurentian Bank of Canada
ST: Quebec
-0- Apr/03/2014 13:27 GMT
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