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Transactions and Cases


October

TMX Group in its acquisition of StrikeNet, Strike Technologies Services LLC’s microwave network connecting North American exchange datacenters

Brookfield Office Properties in its C$300 million public offering of 4.75% cumulative preferred shares, Series AA

Canaccord Genuity, as financial advisor, in Contact Exploration Inc.’s merger with Donnycreek Energy Inc. to form Kicking Horse Energy Inc.

Canaccord Genuity and the syndicate of underwriters in Contact Exploration Inc.’s C$20 million private placement of common shares

Enercare Solutions in its C$310 million unsecured debt financing, including a C$210 million non-revolving, non-amortizing variable rate term credit facility and a C$100 million revolving, non-amortizing variable rate credit facility

Primary Energy Recycling in its US$240 million sale to a consortium of investors led by Fortistar, LLC and including John Hancock Life Insurance Company (U.S.A.) and Prudential Capital Group, L.P.

Enercare and Enercare Solutions in its C$550 million acquisition of Direct Energy's home and small commercial services business in Ontario and in its C$310 million public offering of subscription receipts to partially fund the acquisition

Wilton RE Holdings and Canada Pension Plan Investment Board in Wilton’s C$600 million acquisition of AEGON N.V.’s Canadian life insurance business

Ontario Teachers’ Pension Plan, as Canadian regulatory counsel, in its proposed £365 million (C$656 million) acquisition of Bridon Limited, a global leader in the manufacture of wire and fibre rope solutions, from Melrose Industries plc

Sherritt International in its C$919 million complex debt restructuring, including its C$680 million concurrent tender offers and solicitations of consent for its 8.00% senior unsecured debentures and 7.50% senior unsecured debentures, as well as the C$250 million private placement of new 7.50% senior unsecured debentures

Auxilium Pharmaceuticals, as Canadian counsel, in its proposed US$850 million merger with QLT, Inc.

Brookfield Asset Management in its C$300 million public offering of 4.50% cumulative Class A preference shares, Series 42

Magris Resources in its US$530 million acquisition with CEF Holdings Ltd. and Temasek of the Niobec niobium mine, a rare earth element deposit in Quebec, from IAMGOLD Corporation

August

Winalta, one of the largest wellsite providers in Western Canada, in its strategic business combination with CERF Incorporated

Pala Investments in the US$20 million secured bridge facility made available to Nevada Copper Corp.

Franco-Nevada in its US$500 million cross-border public offering of common shares

Medco Tunisia Petroleum, a subsidiary of PT Medco Energi Internasional Tbk, in its US$127.7 million acquisition of Storm Ventures International (Barbados) Limited, which owns all of Chinook Energy Inc.’s Tunisian assets

Ontario Teachers’ Pension Plan, as Canadian regulatory counsel, in its acquisition of a minority interest in Lowell Group, one of the largest consumer debt collection agencies in the United Kingdom

RBC Capital Markets, TD Securities, BMO Capital Markets and the syndicate of underwriters in the C$100 million reopening of its 3.746% Series V senior unsecured debenture offering

TD Securities as the agent in Ford Credit Canada Limited’s private placement of 2.10% senior notes

the special committee to the board of SSP Offshore Inc. in the sale of all business assets to Jurong Shipyard Pte. Ltd., a fully-owned subsidiary of Sembcorp Marine Ltd., a leading global marine and offshore engineering group

Prism Medical in its acquisition of C$35 million of its common shares pursuant to a substantial issuer bid

TD Securities and the syndicate of underwriters in Retrocom REIT's C$52 million public offering of trust units

Gluskin Sheff + Associates in its approximately C$70 million acquisition of Blair Franklin Asset Management, one of Canada’s leading boutique asset management firms specializing in fixed income

Reliance in its C$200 million private placement of 4.075% senior secured notes

July

GMP Securities, National Bank Financial, Integral Wealth Securities and the syndicate of agents in High North Resources Ltd.’s C$10 million private placement of common shares

Imperial Capital Group and OPTrust Private Markets Group in their C$121 million investment in Dental Corporation of Canada Holdings Inc.

First Capital Realty in the C$60 million reopening of its 4.323% Series S senior unsecured debenture offering

CIBC World Markets and the syndicate of underwriters in Bonavista Energy Corporation’s C$201 million public offering of common shares

National Bank Financial and the syndicate of underwriters in the C$45 million private placement of subscription receipts in ExploreCo, a Montney‐focused exploration and production company formed by Crocotta Energy Inc.

Orion Mine Finance in its participation, together with Investissement Québec and the Caisse de dépôt et placement du Québec, in the financing transactions for the construction of Stornoway Diamond Corporation’s Renard diamond project, Quebec’s first diamond mine, including a combination of equity and debt financing and a diamond streaming agreement

ShawCor in its US$260 million acquisition of all outstanding shares of Desert NDT LLC, which provides non-destructive testing (NDT) services for oil and gas pipelines

Alinda Infrastructure Funds and their portfolio company Reliance Home Comfort in the C$555 million sale of all outstanding shares of Reliance Protection Inc., an alarm products and services company, to The ADT Corporation

Glencore Xstrata in its £807 million (C$1.5 billion) acquisition of Caracal Energy Inc.

BMO Nesbitt Burns, HSBC Securities (Canada), TD Securities and the syndicate of agents in Ford Credit Canada Limited’s private placement of 3.279% senior notes

Canadian Energy Services in its acquisition of Rheotech Drilling Fluids Services Inc., a private drilling fluids company focused on steam-assisted gravity drainage and deep long-reach horizontal drilling

June

Acumen Capital Finance Partners and the syndicate of underwriters in Alaris Royalty Corp.’s C$87 million public offering of common shares

CIBC World Markets, BMO Nesbitt Burns and the syndicate of agents in Lower Mattagami Energy Limited Partnership's C$200 million private placement of 3.416% senior secured bonds

Scotiabank, as Canadian counsel, in its C$300 million acquisition of a 51% controlling interest in Cencosud S.A.’s financial services business, which distributes credit cards and consumer loans in Chile

Canyon Services Group in its C$101.7 million acquisition of Fraction Energy Services Ltd., a Calgary-based water management company

DIRTT Environmental Solutions in the C$18.6 million cross-border public secondary offering of its common shares by certain shareholders

First Capital Realty in its C$150 million public offering of 4.323% Series S senior unsecured debentures

Scotiabank as the selling shareholder in CI Financial Corporation’s C$2.6 billion public offering of common shares

Canada Pension Plan Investment Board in its US$607 million acquisition of Compañía Operadora de Gas del Amazonas (COGA) and an equity stake in Transportadora de Gas del Perú S.A. (TgP), the largest transporter of natural gas and natural gas liquids in Peru, from Tecpetrol and in its immediate sale of an 81% interest in COGA to Graña y Montero S.A. and Enagás Internacional, S.L.U.

The initial purchasers in Gibson Energy Inc.’s C$300 million offering of 5.375% senior unsecured notes and concurrent US$50 million offering of 6.75%senior unsecured notes

CIBC World Markets and the syndicate of underwriters in CIBC's C$400 million public offering of 3.90% Basel III-compliant cumulative Class A preference shares, Series 39

BMO Capital Markets, Scotia Capital and the syndicate of underwriters in Chemtrade Logistics Income Fund’s C$110 million public offering of 5.25% convertible unsecured subordinated debentures and concurrent Rule 144A private placement

BMO Capital Markets, CIBC World Markets, Macquarie Capital Markets Canada and the syndicate of underwriters in Ivanhoe Mines Ltd.’s C$143.8 million public offering of units

Brookfield Renewable Energy Partners in its C$325 million public offering of limited partnership units

Brookfield Property Partners in its US$5.5 billion bid to acquire the remaining interest in Brookfield Office Properties Inc.

Brookfield Asset Management in its C$300 million public offering of 4.50% cumulative Class A preference shares, Series 40

Canaccord Genuity and Dundee Securities as the co-lead underwriters in Bellatrix Exploration Ltd.'s C$172.6 million cross-border public offering of common shares under the MJDS

CIBC World Markets and the syndicate of underwriters in Regal Lifestyle Communities Inc.’s C$30 million public offering of common shares

Alinda Infrastructure Funds and their portfolio company Reliance Home Comfort in its proposed C$505 million acquisition of all outstanding shares of National Energy Corporation., a company in the business of renting and selling heating, ventilation and air conditioning equipment and services, from Just Energy Group, Inc.

Canadian National Energy Alliance (a joint venture comprised of CH2M HILL, SNC-Lavalin, Lockheed Martin, and EnergySolutions) in its bid to manage and operate Atomic Energy of Canada Limited’s nuclear laboratories

May

RBC Capital Markets, TD Securities, BMO Capital Markets and the syndicate of underwriters in RioCan REIT’s C$150 million public offering of 3.746% senior unsecured debentures, Series V

Cormark Securities, Macquarie Capital Markets Canada and the syndicate of underwriters in DeeThree Exploration Ltd.’s C$73.4 million public offering of common shares and concurrent Rule 144A private placement

Grupo Bimbo in its C$1.83 billion acquisition of Canada Bread Company Limited, the bakery division of Maple Leaf Foods Inc., one of Canada’s largest food manufacturers

407 International in its C$250 million public offering of Series 14-A1 medium term notes

Harvest Operations in its joint venture arrangements with KERR Canada Co. Ltd., the subsidiary of a Korean investment fund managed by Hanwha Asset Management Co. Ltd., in connection with the exploration, development and production of certain oil and gas assets in the Deep Basin area in northwest Alberta and the construction of a gas processing facility

Hydrogenics in its US$22.5 million cross-border public offering of common shares, including a US$15 million treasury offering and the US$7.5 million secondary offering by CommScope, Inc. of North Carolina, a selling shareholder

BMO Capital Markets, Morgan Stanley & Co., RBC Capital Markets and the syndicate of underwriters in Pattern Energy Group Inc.’s US$586 million public offering of Class A common shares

Loblaw Finance Trust and Choice Properties Limited Partnership in Loblaw Finance Trust’s C$1 billion sale on a private placement basis of four series of variable senior unsecured debentures of Choice Properties Limited Partnership

AIMCo (Alberta Investment Management Corporation) and Callisto Capital in negotiating their sale of all holdings in Town Shoes Limited to DSW Inc.

Connor, Clark & Lunn and Terrma Capital in its partnership arrangements and equity investment in Rainy River First Nations Solar Limited Partnership’s 25 MW solar project near Fort Frances, Ontario

Scotiabank in its strategic partnership with Canadian Tire Corporation, Limited, including its C$500 million acquisition of a 20% equity interest in Canadian Tire’s financial services business and related C$2.25 billion financing and commercial arrangements

Regina New Stadium

National Bank Financial, Haywood Securities and the syndicate of underwriters in Marquee Energy Ltd.’s C$17.5 million bought deal offering of common shares

Sheridan College Hazel McCallion Campus (Phase II)

TD Securities and the syndicate of underwriters in Genesis Trust II's C$1.04 public offering of Series 2014-1 real estate secured line credit-backed notes

April

Fairfax Financial Holdings in the sale of its interest in Canada’s MEGA Brands Inc., one of the biggest makers of construction building toys in the world, to Mattel, Inc.

RBC Capital Markets and the syndicate of underwriters in Cargojet Inc.'s C$74 million public offering of 5.5% convertible unsecured subordinated debentures

Sherritt International in the C$946 million sale of its coal business assets involving the C$481 million sale of its royalty portfolio to a group led by Altius Minerals Corp. and the C$465 million sale of its operating coal assets, Coal Valley Resources Ltd. and Prairie Mines & Royalty Ltd., to Westmoreland Coal Company

Ontario Teachers’ Pension Plan in its US$750 million sale with Swander Pace Capital of Insight Pharmaceuticals LLC to a subsidiary of Prestige Brands Holdings Inc.

Stanton Territorial Hospital

Credit Valley Hospital

City of Saint John Safe, Clean Drinking Water

McGraw-Hill Ryerson (special committee) in negotiating McGraw’s C$29.9 million sale to McGraw-Hill Global Education Holding, LLC

TD Securities and Investec Bank, as the joint bookrunners Canadian counsel, in Irish Residential Properties REIT plc’s, an indirect subsidiary of Canadian Apartment Properties Real Estate Investment Trust, €200 million initial public offering of common shares in Ireland and concurrent private placements in Canada, the U.S. and elsewhere

Secutor Capital Management and the syndicate of agents in Encanto Potash Corp.’s public offering of units and flow-through units and Rule 144A private placement

Loblaw Finance Trust and Choice Properties Limited Partnership in Loblaw Finance Trust’s C$500 million sale on a private placement basis of 3% senior unsecured debentures of Choice Properties Limited Partnership in two series

Prism Medical in the £30 million (C$54.9 million) sale of its UK operations, Prism UK Medical Limited

RBC Capital Markets and the syndicate of underwriters in Lorus Therapeutics Inc.’s C$28.25 million public offering of common shares and Rule 144A private placement

Canada Pension Plan Investment Board as a selling shareholder in IMS Health Holdings Inc.’s US$1.3 billion initial public offering of common shares

PIMCO Global Income Opportunities Fund and PIMCO Canada Corp. in the Fund’s C$690 million initial public offering of Class A units

ZBI Ventures as a selling shareholder in Seven Generations Energy Ltd.’s C$633 million secondary offering of common shares

Canada Pension Plan Investment Board, as Canadian counsel, in connection with its US$5.5 billion sale with Onex Corp. of Gates Global Inc., Tomkins plc’s industrial and automotive parts manufacturing division, to The Blackstone Group

GMP Securities, as the sole agent, in High North Resources Ltd.’s C$8.67 million private placement of 12% convertible unsecured subordinated debentures

March

Macquarie Capital Markets Canada, Dundee Securities and the syndicate of agents in Strategic Oil & Gas Ltd.’s C$50 million private placement of common shares

Loblaw in its C$12.4 billion acquisition of Shoppers Drug Mart Corporation, one of Canada’s most recognized retail brands

TD Securities and the strategic advisors in Riverstone Holdings LLC’s C$200 million equity commitment in Canadian International Oil Corp.

Canada Pension Plan Investment Board, as Canadian counsel, in structuring its US$250 million equity commitment to a new platform joint venture with China Vanke Co. Ltd., China’s largest residential developer, to invest in the residential housing market in China

Bank of Tokyo Mitsubishi, Union Bank and Mizuho Corporate Bank, as the lead lenders, in the C$850 million financing of Samsung Renewable Energy, Inc., Pattern Energy Group LP and Capital Power Corporation's 270 MW K2 Wind Power Project in Huron County, Ontario

Borealis Infrastructure, as part of a consortium with First State European Diversified Infrastructure Fund and Finnish institutional investors Keva and LocalTapiola Mutual Pension Insurance Company, in its €2.55 billion (C$3.5 billion) acquisition of power distribution assets in Finland from Fortum Oyj, a Finnish state-controlled utility company

RBC Capital Markets, TD Securities and the syndicate of underwriters in First National Financial Corporation's C$49.8 million secondary offering of common shares

Canada Pension Plan Investment Board, as Canadian counsel, in its US$1.8 billion acquisition of Wilton Re Holdings Limited, a U.S. insurance company

CIBC World Markets, TD Securities and the syndicate of underwriters in Regal Lifestyle Communities Inc.’s C$23 million public offering of common shares

FirstEnergy Capital, Peters & Co. and the syndicate of agents in Steel Reef Infrastructure Corp.'s C$65 million private placement of common shares

Brookfield Asset Management in its C$200 million public offering of preferred shares

Imperial Metals in its US$325 million debt offering of 7% senior unsecured notes in the U.S. and Canada

First Capital Realty in a second C$75 million reopening of its Series R offering of 4.79% senior unsecured debentures

Canada Pension Plan Investment Board, as strategic deal counsel, in its A$3.37 billion (US$3.05 billion) off-market takeover bid with DEXUS Property Group to acquire Commonwealth Property Office Fund and take it private

RAE Energy in its acquisition of Offshore Joint Services, Inc. from Forum Energy Technologies, Inc.

Indianapolis Consolidated Justice Facility

February

Endo Health Solutions, as Canadian counsel, in its C$2.7 billion acquisition of Paladin Labs Inc. and its subsequent reorganization of both companies to form Endo International plc

Manulife Financial in its C$200 million public bought deal offering of Series 15 non-cumulative preferred shares

Manufacturers Life Insurance in its C$500 million public offering of 2.811% fixed/floating subordinated debentures

First Capital Realty in the C$75 million reopening of its 4.79% Series R senior unsecured debenture offering

Franco-Nevada in its US$35 million gold purchase and royalty financing of Klondex Mines Ltd.'s acquisition of the Midas Mine and Mill Complex from Newmont Mining Corporation

Canadian Western Bank in its C$125 million public bought deal offering of Basel III-compliant Series 5 non-cumulative preferred shares

National Bank Financial and the syndicate of underwriters in National Bank of Canada's C$350 million public bought deal offering of Basel III-compliant Series 30 non-cumulative preferred shares with non-viable contingent capital features

Credit Suisse Securities, RBC Capital Markets and the syndicate of agents in Seven Generations Energy Ltd.’s US$321 million private placement of 8.250% senior notes

Choice Properties REIT in its C$450 million public offering of senior unsecured debentures, including C$250 million of 3.498% Series C debentures and C$200 million of 4.293% Series D debentures

A global biopharmaceutical company in defence of a marketing complaint brought by a competitor before the Industry Practices Review Committee (IPRC) of Rx&D

January

Eglinton Crosstown LRT

Cambridge Memorial Hospital

Brookfield Asset Management in a C$500 million public offering of 4.825% medium term notes

RBC Capital Markets, TD Securities, BMO Capital Markets and the syndicate of underwriters in RioCan REIT's C$150 million offering of 3.62% senior unsecured debentures

BMO Capital Markets, Scotia Capital and the syndicate of underwriters in Chemtrade Logistics Income Fund’s C$345.2 million public offering of subscription receipts and concurrent Rule 144A private placement

TD Securities, RBC Capital Markets, Scotia Capital and the syndicate of underwriters in Dundee REIT’s C$150 million offering of 4.074% senior unsecured debentures

First Capital Realty in its C$150 million offering of 4.79% senior unsecured debentures

City of Regina Wastewater Treatment Plant Upgrade

BlackBerry in its US$1.25 billion private placement of 6% unsecured subordinated convertible debentures to several institutional investors

River Cree Enterprises, the business entity of The Enoch Cree Nation, in its C$200 million cross-border private placement of 11% senior secured second lien notes, the first cross-border bond issue by a Canadian First Nation-owned business entity and in its subsequent purchase of the minority stake in the River Cree Resort and Casino held by Paragon Gaming for sole ownership

KKR and KKR North American XI Fund in the fund’s C$250 million investment in Torq Energy Logistics, Ltd.

Canada Pension Plan Investment Board in its C$128 million acquisition of a portfolio of Saskatchewan farms from Assiniboia Farmland LP, its first Canadian agriculture venture

Mackenzie Valley Fibre Link

City of Barrie Transit Facility