Capital Markets Capital Markets

Tenaz Energy Corp. in its inaugural $140-million senior unsecured notes offering

On November 12, 2024, Tenaz Energy announced the closing of its inaugural offering of $140 million of 12.00% senior unsecured notes due 2029. This offering's sole bookrunner and placement agent is National Bank Financial Markets. Tenaz Energy operates as an oil and gas company located in...

Lead Office: Toronto Date Announced: November 12, 2024 Value: $140 million

Whitecap Resources Inc. in its $400-million senior unsecured notes offering

Acting for a syndicate of agents, led by BMO Nesbitt Burns Inc, CIBC World Markets Inc. and RBC Dominion Securities Inc. as joint lead agents, in connection with Whitecap Resources Inc.’s $400-million private placement offering of 4.382% senior unsecured notes due 2029. Osler, Hoskin &...

Lead Office: Toronto Date Closed: November 1, 2024 Value: $400 million

Chartwell in its $150-million debentures offering

On October 28, 2024, Chartwell Retirement Residences (Chartwell) closed its previously announced issuance of $150 million of 4.400% Series D senior unsecured debentures. The offering was completed on an agency basis through a syndicate of investment dealers led by TD Securities, BMO Capital...

Lead Office: Toronto Date Closed: October 28, 2024 Value: $150 million

Surge Energy Inc. in its Inaugural $175 Million Senior Unsecured Notes Offering

On August 24, 2024, Surge Energy announced its inaugural offering of $175 million of 8.500% senior unsecured notes due 2029. This offering's underwriters are National Bank Financial Markets and BMO Capital Markets as joint bookrunners, in a syndicate which includes ATB Capital Markets as joint...

Lead Office: Toronto Date Announced: 24 August 2025 Value: $175 million

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: July 24, 2024 Value: $600 million

Chartwell in its $345 million trust unit offering

On June 27, 2024, Chartwell Retirement Residences (Chartwell) announced the closing of its previously announced public offering of 28,290,000 trust units at a price of $12.20 per unit for total gross proceeds of approximately $345 million. The financing was completed on a bought deal basis through...

Lead Office: Toronto Date Announced: June 27, 2024 Value: $345 million

ADENTRA Inc. in its Bought Deal Public Offering of Common Shares

On June 12, 2024, ADENTRA Inc. completed its bought deal public offering of 2,582,900 common shares for aggregate gross proceeds of $100,087,375. The offering was conducted by a syndicate of underwriters with National Bank Inc. and Cormark Securities Inc. acting as co-bookrunners. ADENTRA is...

Lead Office: Vancouver Date Announced: June 12, 2024 Value: Approximately $100.09 million

Haywood Securities Inc. in connection with Fury Gold Mines Limited’s $5 million financing

On June 13, 2024, Fury Gold Mine Limited announced it closed a private placement of common shares for total gross proceeds of $5,000,800. The Offering was made through a syndicate of agents led by Haywood Securities Inc. and included BMO Capital Markets, H.C. Wainwright & Co., and Echelon...

Lead Office: Vancouver Date Announced: June 13, 2024 Value: $5 million

First Nations Finance Authority in its $452 million offering of Senior Secured Bonds

On June 11, 2024, the First Nations Finance Authority (“FNFA”) completed an additional offering of $452 million in aggregate principal amount of 4.10% Senior Secured Bonds, Series 2024-1, due June 1, 2034. The offering was made through an underwriting syndicate comprised of TD Securities Inc.,...

Lead Office: Vancouver Date Announced: June 11, 2024 Value: $452 million

Tantalus Systems Holding Inc. in its closing of $10 million bought deal offering

On May 23, 2024, Tantalus Systems Holding Inc. closed a bought deal offering of its common shares pursuant to the listed issuer financing exemption and a concurrent private placement for total gross proceeds of $10 million. For this offering, Cormark Securities Inc. and Canaccord Genuity Corp....

Lead Office: Vancouver Date Announced: May 23, 2024 Value: $10 million