Representative Work

Ventas Canada Financial Limited in its private placement of $650 million of senior unsecured notes

On September 17, 2014, Ventas Canada Finance Limited, a wholly owned subsidiary of Ventas, Inc., announced a private placement of 3% senior notes, series A for gross proceeds of $400 million and 4.125% senior notes, series B for gross proceeds of $250 million. At the time of the...

Lead Office: Toronto Date Closed: September 17, 2014 Value: $650 million

Royal Bank of Canada in its $225 million asset-based revolving credit facility to Northern Crane Group

On August 25, 2014, Northern Crane Group announced the closing a $225 million asset-based revolving credit facility provided by a syndicate of lenders led by Royal Bank of Canada and the issuance of secured notes led by RBC Capital Markets, LLC, as initial purchaser. Osler represented Royal...

Lead Office: Toronto Date Closed: August 25, 2014 Value: $225 million

Ventas, Inc. in its $980-million acquisition of 29 independent living seniors housing communities

On August 20, 2014, Ventas, Inc. completed its all-cash acquisition of 29 Canadian seniors’ living communities from Holiday Retirement Corp. for $980 million. Ventas is one of the largest healthcare REITs in the US and the acquisition significantly expands its presence in the Canadian...

Lead Office: Toronto Date Closed: August 20, 2014 Value: $980 million

BluEarth in its non-recourse construction and term debt financing for the 15 MW Culliton Creek Hydro Project

On July 23, 2014, BluEarth Renewables closed its non-recourse construction and term debt financing for the 15 MW Culliton Creek Hydro Project. National Bank of Canada acted as the sole lender to the transaction that will provide funding of approximately $77 million. The Project has a 30-year Energy...

Lead Office: Calgary Date Closed: July 23, 2014 Value: $77 million

Dream Unlimited Corp. in connection with the formation and IPO of Dream Hard Asset Alternatives Trust and acquisition by Dream Alternatives of its approximately $725 million of initial assets

On July 8, 2014, Dream Hard Asset Alternatives Trust (Dream Alternatives) completed its initial public offering with the issuance of 72,617,739 units to ROI Canadian High Income Mortgage Fund, ROI Canadian Mortgage Income Fund, ROI Canadian Real Estate Fund and ROI Institutional Private...

Lead Office: Toronto Date Closed: July 8, 2014 Value: $725 million

The underwriters in connection with the $263.5 million initial public offering of CT REIT

On October 23, 2013, CT REIT completed its initial public offering raising gross proceeds of $263.5 million. The offering was underwritten by a syndicate of underwriters with RBC Capital Markets and CIBC acting as joint bookrunners. A portion of the proceeds of the IPO were used to acquire...

Lead Office: Toronto Date Closed: October 23, 2013 Value: $263.5 million

McCain Foods Limited in obtaining environmental and regulatory approvals

On August 13, 2013, McCain Foods (Canada) Limited obtained environmental and regulatory approvals for its agrifood plant near Coaldale, Alberta. McCain’s Coaldale agrifood plant is a key french fry manufacturing facility within McCain’s North American supply network. McCain...

Lead Office: Calgary Date Closed: August 13, 2013 Value: -

KingSett Capital-led consortium in its proposed take-over bid for Primaris REIT and acquisition of 17 Primaris properties as part of H&R REIT’s acquisition of Primaris

Osler was counsel to the KingSett Capital-led consortium, which consisted of certain KingSett Capital managed funds, the Ontario Pension Board and RioCan REIT, in the $4.5 billion, 5-way, friendly transaction among H&R, Primaris, KingSett, Ontario Pension Board and RioCan REIT, which closed on...

Lead Office: Toronto Date Closed: April 4, 2013 Value: $4.5 billion

Entertainment One Ltd. in connection with its acquisition of Alliance Atlantis

On January 8, 2013, Entertainment One Ltd. ("eOne") announced the completion of its acquisition of all of the issued and outstanding shares of Alliance Films Holdings Inc. (“Alliance”) for $225 million. The acquisition was financed through a US$300 million senior...

Lead Office: Toronto Date Closed: January 8, 2013 Value: $225 million

Homburg Invest, Inc. in connection with its $3 billion debt restructuring and recapitalization under the CCAA

Osler represents Homburg Invest, Inc. in its CCAA proceedings, comprehensive restructuring and related litigation. Homburg Invest, Inc. held a large portfolio of commercial, industrial and residential real estate assets in seven countries in North America and Europe. Osler developed its...

Lead Office: Montreal Date Closed: -- Value: $3 billion