| Metronet Communications Corp. | |||
| Ticker: | MENFV | ||
| Exchange: | NASDAQ-National Market | CANAD | |
| Industry: | Service (SIC Code 4812) | ||
| Type of Shares: | Common Shares | Filing Date: | 10/20/97 | |
| U.S. Shares: | 7,500,000 | Offer Date: | 12/3/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.50 - $16.50 | |
| Primary Shares: | 5,624,983 | Offer Price: | $16.23 | |
| Secondary Shares: | 1,875,017 | Gross Spread: | $1.10 | |
| Offering Amount: | $116,250,000 | Selling: | $0.66 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 28,030,509 |
| Manager | Tier | Phone |
| Salomon Smith Barney | Lead Manager | (212) 723-7300 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-4850 |
| RBC Dominion Securities | Co-manager | (212) 361-2617 |
| Business Description |
| The company is a telecommunications company focused on Canada. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |