Transaction|June 20, 2014
Lower Mattagami Energy Limited Partnership completes C$200 million private placement
On June 20, 2014, Lower Mattagami Energy Limited Partnership (the Partnership) issued, by way of private placement, C$200 million aggregate principal amount of 3.416% Series 2014-1 Senior Secured Bonds, due June 20, 2024. The bonds were offered for sale on a best efforts basis by a syndicate of agents co-led by CIBC World Markets Inc. and BMO Nesbitt Burns Inc., and including National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc. and Laurentian Bank Securities Inc.
The Partnership is a limited partnership between Ontario Power Generation Inc. (OPG), as the sole general partner, and LM Energy Inc., a wholly-owned subsidiary of OPG, as sole limited partner.