Opérations et transactions|16 décembre 2010
Teranet Holdings LP completes C$1.575 billion offering of senior bonds
Torys acted as counsel to the agents with a team that included Philip Mohtadi, Erin Smart, Essien Udokang, Catrina Card, Tom Zverina and Jon Reay.
On December 16, 2010, Teranet Holdings LP announced that it had sold C$1.575 billion of debt in a four-part sale. The sale comprised (i) C$475 million 3.531% Senior Secured Bonds due 2015, (ii) C$450 million 4.807% Senior Secured Bonds due 2020, (iii) C$200 million 3.270% Real Return Senior Secured Bonds due 2031 and (iv) C$450 million 5.754% Senior Secured Bonds due 2040.
The bonds were offered through a group of agents led by Scotia Capital Inc, BMO Nesbitt Burns Inc, RBC Dominion Securities Inc, TD Securities Inc, CIBC World Markets Inc and National Bank Financial Inc.
Teranet Holdings, the parent company of the entity that runs the electronic land registry system in Ontario, is the exclusive provider of electronic property search and registration in Ontario and owns the electronic land registry system and electronic writs system.Teranet is owned by Borealis Infrastructure Management, the infrastructure investment arm of OMERS.
Further information is found on reuters.com and nationalpost.com.
The bonds were offered through a group of agents led by Scotia Capital Inc, BMO Nesbitt Burns Inc, RBC Dominion Securities Inc, TD Securities Inc, CIBC World Markets Inc and National Bank Financial Inc.
Teranet Holdings, the parent company of the entity that runs the electronic land registry system in Ontario, is the exclusive provider of electronic property search and registration in Ontario and owns the electronic land registry system and electronic writs system.Teranet is owned by Borealis Infrastructure Management, the infrastructure investment arm of OMERS.
Further information is found on reuters.com and nationalpost.com.