Transactions and Cases

Manulife Financial completes C$2.275 billion equity offerings

Torys represented Manulife Financial, working with Jean-Paul Bisnaire, Senior Executive Vice President, Business Development and General Counsel; Richard Lococo, Senior Vice President and Deputy General Counsel; and David Kerr, Assistant Vice President, Senior Counsel. Torys' team included Sharon Geraghty, David Seville, Glen Johnson, Jonathan Cescon, Jon Reay, Joshua Lavine and Raymond Archer (Canadian securities); Andrew Beck and Mark Irving (U.S. securities); Blair Keefe (insurance regulatory); and James Welkoff and Catrina Card (tax).

On December 11, 2008, Manulife Financial Corporation completed offerings of equity securities, raising a total of C$2.275 billion. C$1.125 billion of common shares were sold by way of private placement to eight existing institutional investors. C$1.150 billion of common shares were sold to a syndicate of underwriters in a bought deal public offering. The common shares were offered through agents and underwriters led by Scotia Capital Inc.

Further information is found on Manulife Financial's website.

Transaction Team

Sharon C. Geraghty David A. Seville Glen R. Johnson Jonathan R. Cescon Raymond Archer Andrew J. Beck Blair W. Keefe James W. Welkoff Catrina M. Card

Related Areas and Groups

Corporate and Capital Markets Debt Finance and Lending Insurance Tax

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