Representative Work Representative Work

Imperial Oil in its pipeline approval (leave to construct) from the Ontario Energy Board

On March 12, 2020, Imperial Oil Limited received approval from the Ontario Energy Board for leave to construct approximately 63 kilometers of pipeline and associated infrastructure to transport refined oil products from its facility in Hamilton, Ontario to its facility in the City of Toronto....

Lead Office: Toronto Date Closed: March 12, 2020 Value: -

Affinity in its acquisition of Nudge.ai

On March 11, 2020, Affinity announced its acquisition of Nudge.ai. The transaction grants Affinity Nudge.ai’s technology along with Nudge.ai’s intellectual property and most of its product and engineering teams. The acquisition will allow Affinity to accelerate its new...

Lead Office: Toronto Date Closed: March 11, 2020 Value: -

The syndicate of agents in Canadian Pacific Railway’s $300-million Canadian offering

On March 9, 2020, Canadian Pacific Railway Company completed a $300-million public offering of 3.05% unsecured unsubordinated notes due 2050. The offering was completed through a syndicate of agents led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and Scotia...

Lead Office: Calgary Date Closed: March 9, 2020 Value: $300 million

The Underwriters in Canadian Pacific Railway’s US$500-million offering

On March 5, 2020, Canadian Pacific Railway completed its US$500-million public debt offering in the U.S. The proceeds from the 2.050% notes due 2030 will be used primarily for the reduction and refinancing of outstanding indebtedness and for general corporate purposes. Barclays Capital Inc.,...

Lead Office: Calgary Date Closed: March 5, 2020 Value: US$500 million

The Syndicate of Underwriters in Great Canadian Gaming’s $189 million offering of senior unsecured debentures

On March 2, 2020, Great Canadian Gaming completed its offering of $189 million aggregate principal amount of 5.25% senior unsecured debentures maturing December 2026. The net proceeds from the offering will be used for general corporate purposes. CIBC World Markets Inc. and Scotia Capital...

Lead Office: Vancouver Date Closed: March 2, 2020 Value: $189 million

Hydro One Inc. in its $1.1 billion offering of Medium Term Notes

On February 28, 2020, Hydro One Inc., a wholly-owned subsidiary of Hydro One Limited, completed a $1.1 billion multi-tranche offering of Medium Term Notes, consisting of $400 million aggregate principal amount of 1.76% Medium Term Notes, Series 45, due 2025, $400 million aggregate principal amount...

Lead Office: Toronto Date Closed: February 28, 2020 Value: $1.1 billion

The Underwriters in Telus’ $1.5 billion equity raise

On February 20, 2020, Telus Corp. announced its intention to raise $1.5 billion through a sale of shares led by RBC Capital Markets and TD Securities. The funds will be used to finance growth opportunities, capital expenditures and reduce indebtedness. Telus Corp. is a Canadian...

Lead Office: Toronto Date Closed: February 26, 2020 Value: $1.5 billion

Rio Tinto Exploration in its Option and Strategic Alliance Agreements with Calibre Mining Corp.

On February 23, 2020, Rio Tinto Exploration (Rio Tinto) entered into a definitive option agreement to earn up to a 75% Interest in Calibre Mining Corp’s (Calibre) Borosi properties in exchange for Rio Tinto incurring expenditures of up to US$45M. The Borosi properties include multiple...

Lead Office: Vancouver Date Closed: February 24, 2020 Value: US $45 million

Quicken Loans and Rock Holdings in Edison Financial’s Preferred Round

Edison Financial raised an undisclosed preferred round led by Rock Holdings, the parent company of Quicken Loans. Edison Financial plans to use the funding for product development, to develop and maintain partnerships with top Canadian lenders and insurers, and to expand its team. Edison...

Lead Office: Toronto Date Closed: -- Value: -

Dessa in its acquisition by Square

On February 7, 2020, Dessa, a Canadian computer applications company, announced its acquisition by Square, a mobile payment company based in California. The acquisition of Dessa will further improve Square's machine learning abilities as it looks to improve its products. Square...

Lead Office: Toronto Date Closed: February 7, 2020 Value: -