MCAP Said to Go Ahead With $211 Million IPO as Soon as Wednesday

  • Toronto-based mortgage lender to make final decision today
  • MCAP would be Canada’s largest IPO since Hydro One in October

Canadian mortgage finance company MCAP Corp. plans to go ahead with its C$275 million ($210 million) initial public offering as soon as Wednesday as global stocks rebound following a sell off from the U.K. decision to leave the European Union, according to people familiar with the matter.

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