Teranet Holdings LP

The underwriters in Teranet Holdings’ $550 million debt offering

Client

RBC Dominion Securities

Value

$550 million

Service

Capital Markets

Date Closed

June 2020

Lead Office

Toronto

 

On June 11, 2020, Teranet Holdings LP completed a $550 million debt offering of 3.544% senior notes due 2025. The notes were offered through a syndicate of agents led by CIBC World Markets Inc. and RBC Capital Markets.

Teranet Holdings LP is the exclusive provider of the Ontario Electronic Land Registration System, one of the most secure and sophisticated land registration systems in the world. Teranet also provides online access to Ontario’s Writs System.

Osler, Hoskin & Harcourt LLP advised the agents with a team consisting of Michael Innes, Amelia Miao and Deron Fung (Capital Markets) and Timothy Hughes (Taxation).