Nov 28, 2016
Osler is honoured to be shortlisted for the Financial Times North America Innovative Lawyers Awards 2016 for our groundbreaking tax structuring advice in connection with Hybrid Notes issued by Emera as part of US$ 6.2 billion in concurrent offerings used to finance its acquisition of TECO Energy, Inc. Timothy Hughes led the Osler tax team on this transaction.
The innovative Hybrid Notes are the first of their kind to be issued by a Canadian corporation. They provide 50% equity credit for rating agency purposes, and may be efficiently deployed in international hybrid note markets. Read more at the Emera Inc. Deals & Cases page.
The FT Innovative Lawyers Awards attract hundreds of submissions and nominations from leading law firms and in-house legal teams across North America. FT research partner, RSG Consulting, vets and analyzes each entry through hundreds of client, expert and lawyer interviews. The awards recognize extraordinary lawyers who are working to change the practice of law and add transformative value to business and society.
View the 2016 shortlist on FT.com