Ben Fickling

Chorus Aviation in the sale of its Regional Aircraft Leasing Segment

On July 30, 2024, Chorus Aviation announced it entered into an agreement to sell all assets in its RAL segment, including Falko Regional Aircraft Limited (Falko) and Chorus' equity interests in the aircraft investment funds managed by Falko and its affiliates to affiliates of investment funds...

Lead Office: Toronto Date Announced: Jul 30, 2024 Value: $1.9 billion

Royal Bank of Canada in its $600 million Institutional Preferred Shares Series BW offering

On July 24, 2024, Royal Bank of Canada completed its offering of 600,000 Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series BW (NVCC) (Preferred Shares) to certain institutional investors for gross proceeds of $600 million. The holders of Preferred Shares will be entitled to...

Lead Office: Toronto Date Announced: Jul 24, 2024 Value: $600 million

Battery Ventures in its $150 million acquisition of TrueContext Corporation

On May 16, 2024, Battery Ventures announced the completion of the previously announced plan of arrangement to acquire all of the issued and outstanding common shares of TrueContext Corporation for $1.07 per share in cash. Upon completion of the transaction, TrueContext became a privately held...

Lead Office: Toronto Date Closed: May 16, 2024 Value: $150 million

Q4 in its acquisition by Sumeru Equity Partners

On February 1, 2024, Q4 announced the completion of its previously announced plan of arrangement. Pursuant to the arrangement, an entity controlled by Sumeru Equity Partners acquired all of the issued and outstanding shares of the Company for $6.05 in cash per common share. Certain shareholders...

Lead Office: Toronto Date Announced: Feb 1, 2024 Value: -

Greater Toronto Airports Authority in its $400 million offering

On October 5, 2021, the Greater Toronto Airports Authority completed its $400 million 3.15% notes offering. The offering was made by a syndicate of agents led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc., and included National Bank Financial...

Lead Office: Toronto Date Closed: October 5, 2021 Value: $400 million