Amelia Miao

The agents in connection with a $700-million offering of senior notes by Fairfax Financial Holdings Limited

On November 22, 2024, Fairfax Financial Holdings Limited (Fairfax) announced the closing of its previously announced $700-million offering of senior notes, comprised of a $450-million aggregate principal amount of 4.73% senior notes due 2034 and C$250 million in aggregate principal amount of 5.23%...

Lead Office: Toronto Date Announced: Nov 22, 2024 Value: $700 million

ParaPRO LLC in its US$89.5-million asset sale to Cipher Pharmaceuticals

On July 29, 2024, Cipher Pharmaceuticals Inc. announced the signing of a definitive asset purchase agreement with ParaPRO LLC (ParaPRO) and the closing of the acquisition of the global product rights for Natroba™ (Spinosad), as well as the commercial sales team in the United States for total...

Lead Office: Toronto Date Announced: Jul 29, 2024 Value: US$ 89.5 million

Chemtrade Logistics Income Fund in its $110 million public offering of convertible debentures

On March 8, 2023, Chemtrade Logistics Income Fund completed a public offering of $100 million principal amount of 7.00% convertible unsecured subordinated debentures due June 30, 2028. The debentures were sold on a bought deal basis to a group of underwriters led by Scotiabank, TD Securities...

Lead Office: Toronto Date Closed: March 8, 2023 Value: $110 million

Hydro One in its inaugural $1.05 billion offering of Medium Term Notes under New Sustainable Financing Framework

On January 24, 2023, Hydro One Inc., a wholly owned subsidiary of Hydro One Limited (collectively, “Hydro One”) priced an offering of $1.05 billion of Medium Term Notes (the “Notes”), consisting of $300 million aggregate principal amount of 3.93% Medium Term Notes, Series 53, due 2029, $450...

Lead Office: Toronto Date Closed: January 24, 2023 Value: $1.05 billion

Chemtrade Logistics Income Fund in its $86.5 million bought deal equity offering

On August 22, 2022, Chemtrade Logistics Income Fund (“Chemtrade”) completed a public bought deal offering of trust units. The underwriters elected to exercise the over-allotment option in full, resulting in a total of 10,005,000 trust units being issued for gross proceeds of...

Lead Office: Toronto Date Closed: August 22, 2022 Value: $86.5 million

Dream Residential REIT’s US$125.1 million initial public offering

On May 6, 2022, Dream Residential REIT completed its initial public offering  of units. The units are listed for trading on the Toronto Stock Exchange under the symbol “DRR.U”. The offering raised gross proceeds of US$125.1 million and was underwritten by a syndicate of...

Lead Office: Toronto Date Closed: May 6, 2022 Value: US$125.1 million

Q4 Inc. in its IPO on the TSX

On October 29, 2021, Q4 Inc. completed its initial public offering of common shares on the Toronto Stock Exchange. Pursuant to the offering, Q4 raised gross proceeds of approximately $100 million. Q4 plans to use the proceeds to repay debts related to its credit facilities and pursue its growth...

Lead Office: Toronto Date Closed: October 29, 2021 Value: $100 million

TELUS International in its US$563 million secondary offering

On September 28, 2021, TELUS International announced the completion of the upsized underwritten secondary offering subordinate voting shares by certain shareholders of TELUS International, including Baring Private Equity Asia. Pursuant to the offering, 16,560,000 subordinate voting shares...

Lead Office: Toronto Date Closed: September 28, 2021 Value: US$563 million

Hydro One Inc. in its $900 million offering of Medium Term Notes

On September 17, 2021, Hydro One Inc. completed its offering of $900 million Medium Term Notes consisting of $450 million of 2.23% Medium Term Notes and $450 million of 3.10% Medium Term Notes. The offering was made through a syndicate of agents with National Bank Financial Inc., Scotia Capital...

Lead Office: Toronto Date Closed: September 17, 2021 Value: $900 million

Kudu Investment Management in its minority stake in Third Eye Capital

On September 9, 2021, Kudu Investment Management acquired a minority stake in Third Eye Capital and its affiliates. The transaction marks Kudu’s first investment in Canada and will allow Third Eye to enhance its alignment with clients and launch new funds. Kudu Investment Management...

Lead Office: Toronto Date Closed: September 9, 2021 Value: -