Reliance LP

Syndicate of agents co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc. in connection with the $400 million note offering by Reliance LP

Client

Syndicate of agents co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc.

Value

$400 million

Service

Capital Markets

Date Closed

December 2017

Lead Office

Toronto


 

On December 18, 2017, Reliance LP completed a private placement of $400,000,000 of 3.836% Senior Secured Notes due March 15, 2025.

Reliance LP is a Canadian company offering water heating, cooling, and ventilation equipment rental services through its subsidiary Reliance Home Comfort LP.

Osler, Hoskin and Harcourt LLP represented the syndicate of agents for the offering, co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc., with a team consisting of Steve Smith, Rosalind Hunter, Arlene Mack and Charlie Zilvytis (Corporate) and Joyce Bernasek and Daniel Tatone (Financial Services).


Team
Rosalind  Hunter

Rosalind Hunter

Partner, Corporate

Arlene Mack

Arlene Mack

Associate, Financial Services

Charlie Zilvytis

Charlie Zilvytis

Associate, Corporate

Joyce M. Bernasek

Joyce M. Bernasek

Partner, Financial Services