Justin Sherman Justin Sherman

Canadian Pacific Railway Company in its $1.4-billion Notes Offering

Acting for a syndicate of agents, led by Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and RBC Dominion Securities Inc. as lead agents, in connection with Canadian Pacific Railway Company’s $1.4-billion offering of notes due 2032, 2036 and 2055. Osler, Hoskin &...

Lead Office: Calgary Date Announced: June 11, 2025 Value: $1.4 billion

Westbrick Energy Ltd. in its $1.1-billion acquisition by Vermilion Energy Inc.

On December 22, 2024, Westbrick Energy Ltd. entered into an arrangement agreement with Vermilion Energy Inc. whereby Vermilion agreed to acquire Westbrick for cash consideration of $1.075 billion. Under the terms of the arrangement Westbrick shareholders were provided with an option to...

Lead Office: Calgary Date Announced: December 22, 2022 Value: $1.1 billion

The Underwriters in Canadian Pacific Railway Company’s US$8.45 billion note offering

On December 2, 2021, Canadian Pacific Railway Company completed its US$8.45 billion offering of notes in Canada and the US. The proceeds from the offering will be used to fund the acquisition of Kansas City Southern, a US Class 1 railroad based in Kansas City, Missouri, and will create the...

Lead Office: Calgary Date Closed: December 2, 2021 Value: US$8.45 billion

Golder Associates Corporation in its $1.5-billion acquisition by WSP

On December 3, 2020, WSP announced it has entered into an agreement to acquire Golder Associates Corporation for $1.5 billion. The acquisition will create the leading global environmental consulting firm and positions WSP’s strategic environment platform to capitalize on...

Lead Office: Calgary Date Closed: April 7, 2021 Value: $1.5 billion

Manulife Financial in the sale of its subsidiary NAL Resources Limited to Whitecap Resources Inc.

On January 4, 2021 Whitecap Resources Inc., completed the previously announced strategic combination with NAL Resources Limited in an all-stock deal valued at approximately $155 million. Whitecap entered into an agreement to acquire NAL from The Manufacturers Life Insurance Company, a...

Lead Office: Calgary Date Closed: January 4, 2021 Value: $155 million

Husky Energy Inc. in its $23.6 billion agreement with Cenovus Energy Inc. to create a new integrated energy leader

On October 25, 2020, Cenovus Energy Inc. and Husky Energy Inc. announced they have entered into an agreement through which they will create a new integrated Canadian oil and natural gas company. The transaction will combine Cenovus and Husky in an all-stock transaction valued at $23.6...

Lead Office: Calgary Date Closed: January 4, 2021 Value: $23.6 billion

The syndicate of agents in Canadian Pacific Railway’s $300-million Canadian offering

On March 9, 2020, Canadian Pacific Railway Company completed a $300-million public offering of 3.05% unsecured unsubordinated notes due 2050. The offering was completed through a syndicate of agents led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and Scotia...

Lead Office: Calgary Date Closed: March 9, 2020 Value: $300 million

The Underwriters in Canadian Pacific Railway’s US$500-million offering

On March 5, 2020, Canadian Pacific Railway completed its US$500-million public debt offering in the U.S. The proceeds from the 2.050% notes due 2030 will be used primarily for the reduction and refinancing of outstanding indebtedness and for general corporate purposes. Barclays Capital Inc.,...

Lead Office: Calgary Date Closed: March 5, 2020 Value: US$500 million

Cowen and Company and the underwriters in Sundial Growers’ US$143 million U.S. and Canadian IPO of common shares and NASDAQ listing

On August 6, 2019, Sundial Growers Inc. completed its initial public offering in the United States and Canada for gross proceeds of US$143 million. Sundial Growers Inc. intends to use the proceeds from the IPO to complete the construction, expansion, and transition of its cultivation and...

Lead Office: New York Date Closed: -- Value: US$143 million

SemCAMS Midstream in its $1.3 billion agreement with Keyera to build Canadian Liquids Pipeline System

On May 14, 2019 SemCAMS Midstream ULC and Keyera Corp. entered into an asset joint venture to build a natural gas liquids (“NGL”) and condensate pipeline system. This will link northwestern Alberta’s liquid-rich Montney and Duvernay production areas to the fractionation and...

Lead Office: Calgary Date Closed: -- Value: $1.3 billion