Corporate Finance and Securities

Overview

Osler is consistently recognized as one of Canada’s leading corporate finance firms. Our clients include major Canadian corporations, well-known multinationals, entrepreneurial and growth oriented businesses and Canadian and global investment banks engaged in capital markets activities in Canada, the United States and internationally.

We advise on private placements, public offerings and alternative listing methods such as reverse takeovers and CPC transactions. We have extensive experience with financing methods such as initial public offerings, conventional bought deals, overnight marketed offerings, multijurisdictional disclosure (MJDS) offerings, discrete shelf prospectus offerings of equity and debt and medium-term note (MTN) programs. Our debt practice covers a broad spectrum of products that includes investment-grade debt, commercial paper, high-yield debt, “Maple” bonds, securitized and asset-backed debt, covered bond programs, convertible debt and hybrid and novel products. We are also known for our expertise in regulatory matters relating to corporate finance transactions, including advising on trading, registration, settlement and compliance matters.

Related Expertise
  • Corus Entertainment Inc.

    Corus Entertainment Inc. in connection with its proposed $2.65 billion purchase of Shaw Media Inc. from Shaw Communications Inc.

  • Canadian Natural Resources Limited

    Canadian Natural Resources Limited in connection with the sale of certain royalty interests to PrairieSky Royalty Ltd for $1.8 billion

  • Hydro One Limited

    Hydro One Limited in its $1.83 billion Initial Public Offering

  • Entertainment One Ltd.

    Entertainment One Ltd. in connection with its £200 million Rights Issue

  • Emera Inc.

    Emera Inc. in its proposed US$10.4 billion acquisition of TECO Energy Inc. and $1.9 billion Bought Deal Offering of Convertible Debentures

  • First Quantum Minerals Ltd.

    The underwriters in a $1.44 billion offering by First Quantum Minerals Ltd.

  • Canada Pension Plan Investment Board

    Canada Pension Plan Investment Board in its investment through a private placement of subscription receipts as a cornerstone investor of TORC Oil & Gas

  • InnVest Real Estate Investment Trust

    The underwriters in a $48.3 million equity offering by InnVest Real Estate Investment Trust

  • Alignvest Acquisition Corporation

    The underwriters in the $259 million initial public offering by Alignvest Acquisition Corporation, a TSX listed special purpose acquisition corporation

  • Aéroports de Montréal

    Aéroports de Montréal completes $200 million offering of revenue bonds by way of private placement

  • Chambers Canada: Canada's Leading Business Lawyers, 2016, Osler ranked in Band 1, Corporate/Commercial: The Elite- Ontario.
    • "...They have great bench strength and field multiple teams without anything slipping through the cracks. As a client, we are very well treated."
    • "They are an excellent firm and very strong across all areas. They're very responsive, quick, concise and have deep subject matter expertise."
  • Chambers Canada: Canada's Leading Business Lawyers, 2016, Osler ranked in the area of Corporate/Commercial: The Elite- Alberta.
    • "They are not only knowledgeable and smart but are also prepared to work hard, are businesslike in their focus on legal issues and meet their commitments to clients."
    • "They have great depth across various practice areas - when working with them you never feel under-served."
  • Chambers Canada: Canada's Leading Business Lawyers, 2016, Osler ranked in the area of Corporate/Commercial: The Elite- Québec.
    • "They have a very good outlook on the market and are well known for their business judgement."
    • "They're an excellent firm and are incredibly good in terms of their level of expertise of legal counsel. The delivery of the services has been incredibly professional."
  • Chambers Global: The World's Leading Business Lawyers, 2003-2015, Osler ranked in Band 1, Corporate/M&A.
    • "I have a tremendous amount of respect for the skill and advice that they have provided - they are our go-to firm for any large or sophisticated project."

    • "They are willing to understand and look at matters from a business and commercial viewpoint based on their understanding of a client's key business drivers."
  • The Legal 500, 2015-2016, Osler ranked in Band 1, Capital Markets.
  • IFLR 1000: The Guide to the World’s Leading Financial Law Firms, 2009-2015, Osler ranked in Tier 1, Capital Markets.
  • The Canadian Legal Lexpert Directory, 2010-2015, Osler’s Corporate Finance & Securities (Toronto), most frequently recommended.
  • The Canadian Legal Lexpert Directory, 2010-2015, Osler’s Corporate Finance & Securities (Calgary), repeatedly recommended.
  • The Canadian Legal Lexpert Directory, 2010-2015, Osler’s Corporate Finance & Securities (Montreal), consistently recommended.
  • The Canadian Legal Lexpert Directory, 2010-2015, Osler’s Corporate Finance & Securities (Ottawa), most frequently recommended.
  • The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada, 2015, Osler’s lawyers recognized in the area of Corporate Finance & Securities.
  • The Best Lawyers in Canada, 2006-2015, Osler lawyers recommended in the area of Corporate Law.
  • The Best Lawyers in Canada, 2006-2015, Osler lawyers recommended in the area of Securities Law.
  • Who’s Who Legal, 2015, Osler lawyers recommended in Corporate Law.
  • Who’s Who Legal, 2015, Osler lawyers recommended in Capital Markets.
  • The Legal Media Group’s Expert Guides, 2015, Osler lawyers recommended in Capital Markets.

League Table Rankings

  • Thomson Reuters, 2015: Osler ranked #1 for Canadian Equity Offerings as issuer legal advisor by value.
  • Thomson Reuters, 2015: Osler ranked #2 for Canadian Equity Offerings as manager legal advisor by value.
  • Thomson Reuters, 2015: Osler ranked #1 for Canadian Debt Offerings as issuer legal advisor by deal count.
  • Thomson Reuters, 2015: Osler ranked #1 for Canadian Debt Offerings as manager legal advisor by value.
  • Bloomberg, 2015: Osler ranked #1 for Canadian Equity Offerings as issuer legal advisor by value.
  • Bloomberg, 2015: Osler ranked #3 for Canadian Equity Offerings as manager legal advisor by value.
  • Bloomberg, 2015: Osler ranked #2 for Canadian Debt Offerings as issuer legal advisor by value and by deal count.
  • Bloomberg, 2015: Osler ranked #2 for Canadian Debt Offerings as manager legal advisor by value and by deal count.
  • Financial Post, 2015: Osler ranked #1 as Canadian legal advisor to the issuer for debt and equities combined by deal count, and #2 by deal value.
  • Financial Post, 2015: Osler ranked #1 as Canadian legal advisor to the issuer for equity offerings by deal value.
  • Financial Post, 2015: Osler ranked #1 as Canadian legal advisor to the issuer for debt offerings by deal count, and #2 by deal value.
  • Financial Post, 2015: Osler ranked #2 as Canadian legal advisor to the underwriters for debt offerings by deal value.
  • Financial Post, 2014: Osler ranked #2 as Canadian legal advisor to the issuer for debt and equities combined by deal count.
  • Thomson Reuters, 2014: Osler ranked #1 for Canadian Debt Offerings as issuer legal advisor by deal count.
  • Thomson Reuters, 2014: Osler ranked #2 for Canadian Debt Offerings as manager legal advisor by deal count, and #3 by deal value.
  •  Bloomberg, 2014: Osler ranked #2 for Canadian Debt Offerings as manager legal advisor by deal value, and #3 by deal count.
  • Financial Post, 2013: Osler ranked #1 as Canadian legal advisor to the underwriters for debt and equities combined by deal value.
  • Financial Post, 2013: Osler ranked #2 as Canadian legal advisor to the issuer for debt and equities combined by deal value.
  • Thomson Reuters, 2013: Osler ranked #1 for Canadian Equity Offerings as issuer legal advisor by deal value.
  • Thomson Reuters, 2013: Osler ranked #3 for Canadian Equity Offerings as manager legal advisor by deal value.
  • Bloomberg, 2013: Osler ranked #2 for Canadian Equity Offerings as issuer legal advisor by deal value.
  • Bloomberg, 2013: Osler ranked #3 for Canadian Equity Offerings as manager legal advisor by deal value.
  • Bloomberg, 2013: Osler ranked #2 for Canadian Debt Offerings as manager legal advisor by deal value and deal count.

  • Derivatives

    Keeping Pace With Derivatives Regulatory Reform in Canada - A New Cooperative Approach