Timothy Hughes Timothy Hughes

Alphabet in its $8.5-billion inaugural maple bond offering

On May 11, 2026, Alphabet Inc. closed its inaugural Canadian maple bond offering of $8.5 billion of notes, in four series with maturities ranging from five to 30 years. This issuance represents both the largest maple bond, as well as the largest corporate bond offering in Canadian history....

Lead Office: Toronto Date Announced: May 11, 2026 Value: $8.5 billion

BMO Capital Markets, RBC Capital Markets and National Bank Capital Markets in Artemis Gold Inc.’s inaugural $450-million senior unsecured note offering

On February 3, 2026, Osler acted for a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets and National Bank Capital Markets in connection with Artemis Gold Inc.’s inaugural $450-million offering of senior unsecured notes. Osler, Hoskin & Harcourt LLP advised the...

Lead Office: Toronto Date Closed: February 3, 2026 Value: $450 million

The underwriters in the secondary offering of subordinate voting shares of Groupe Dynamite

On April 27, 2026, an entity controlled by Andrew Lutfy, the Chief Executive Officer of Group Dynamite Inc., completed the sale of 2,700,000 subordinate voting shares of Groupe Dynamite by way of a bought deal. The offering provided aggregate gross proceeds of $251 million to the selling...

Lead Office: Toronto Date Closed: April 27, 2026 Value: $251 million

Diversified Royalty Corp. in its $69-million public offering of convertible debentures

On February 9, 2026, Diversified Royalty Corp. (DIV) completed its bought deal public offering of $60,000,000 aggregate principal amount of 5.75% convertible unsecured subordinated debentures (the Debentures) due March 31, 2031 (the Offering). The Offering was conducted by a syndicate of...

Lead Office: Vancouver Date Announced: February 9, 2026 Value: $69 million

Aritzia in connection with a $209-million secondary offering of shares

On January 29, 2026, Aritzia Inc. (Aritzia) closed its secondary offering of 1,602,000 subordinate voting shares held by Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled directly or indirectly by him, or him and his immediate family. The...

Lead Office: Toronto Date Closed: January 29, 2026 Value: $209 million

SECURE Waste Infrastructure Corp.'s $300-million senior unsecured notes offering

On November 20, 2025, SECURE Waste Infrastructure Corp. announced that it closed its previously announced $300-million offering of senior unsecured notes. The offering was underwritten by a syndicate of underwriters led by BMO Nesbitt Burns Inc. and National Bank Financial Inc. as joint...

Lead Office: Toronto Date Announced: November 13, 2025 Value: $300 million

A syndicate of dealers in Keyera Corp.'s $2.3-billion senior notes offering and $500-million hybrid notes offering

On September 29, 2025, Keyera Corp. completed a $2.3-billion offering of senior unsecured notes and a $500-million offering of hybrid notes, on a private placement basis. The notes were offered through a syndicate of dealers co-led by RBC Capital Markets and CIBC Capital Markets, and included TD...

Lead Office: Calgary Date Closed: September 29, 2025 Value: $2.3 billion

Boyd Group Services Inc. in its $275-million senior unsecured notes offering

Acting for Boyd Group Services Inc. (Boyd) in connection with its $275-million offering of senior unsecured notes. Osler, Hoskin & Harcourt LLP advised Boyd with a team led by Dan Shea, Jessica Myers and John Valley and comprised of Josh Mamdani, Ana Cherniak-Kennedy, Jasleen Sahota,...

Lead Office: Toronto Date Announced: August 20, 2025 Value: $275 million

Aritzia in connection with a $73-million secondary offering of shares

On February 28, 2025, Aritzia Inc. (Aritzia) closed its secondary offering of 1,045,000 subordinate voting shares held by Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled directly or indirectly by him, or him and his immediate family. The...

Lead Office: Toronto Date Closed: February 28, 2025 Value: $73 million

CIBC Capital Markets and ATB Securities in Bonterra Energy Corp.’s inaugural $135-million senior secured second lien notes offering

On January 28, 2025, Bonterra Energy issued $135 million of 10.50% senior secured second lien notes due 2030. The notes were offered through a syndicate of underwriters led by CIBC Capital Markets and ATB Capital Markets as joint active bookrunners and RBC Capital Markets as joint passive...

Lead Office: Toronto Date Closed: January 28, 2025 Value: $135 million