Rosalind Hunter Rosalind Hunter

Royal Bank of Canada in its inaugural Additional Tier 1 offering of $1.75 billion

On July 15, 2020 Royal Bank of Canada (RBC) announced its inaugural Additional Tier 1 (AT1) offering of Limited Recourse Capital Notes at $1.75 billion. This offering represents the first issuance of a new form of AT1 capital instrument using a novel structure pioneered by RBC and the Osler team...

Lead Office: Toronto Date Closed: July 28, 2020 Value: $1.75 billion

Hydro One Inc. in its $1.1 billion offering of Medium Term Notes

On February 28, 2020, Hydro One Inc., a wholly-owned subsidiary of Hydro One Limited, completed a $1.1 billion multi-tranche offering of Medium Term Notes, consisting of $400 million aggregate principal amount of 1.76% Medium Term Notes, Series 45, due 2025, $400 million aggregate principal amount...

Lead Office: Toronto Date Closed: February 28, 2020 Value: $1.1 billion

Entertainment One in its US$4 billion acquisition by Hasbro

On December 30, 2019, Hasbro and Entertainment One completed their agreement under which Hasbro acquired eOne in an all-cash transaction valued at approximately £3.3 billion or US$4 billion. Under the terms of the agreement, eOne shareholders will receive £5.60 in cash for each common share of...

Lead Office: Toronto Date Closed: December 30, 2019 Value: US$4 billion

RBC Capital Markets in CAPREIT’s $490 million public offering

On December 6, 2019, the Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) completed it $490 million public equity offering led by RBC Capital Markets. The funding will be used to finance the REIT’s acquisition of unencumbered multi-residential properties, repay previous...

Lead Office: Toronto Date Closed: December 6, 2019 Value: $490 million

The syndicate of underwriters in European Residential REIT’s $167 million offering

On September 24, 2019, European Residential Real Estate Investment Trust (ERES) completed its $167 million public offering by a syndicate of underwriters led by RBC Capital Markets and Scotiabank. The funding will be used to finance previously acquired assets and fund future acquisitions. ERES is...

Lead Office: Toronto Date Closed: September 24, 2019 Value: $167 million

Bayshore Capital in Broadridge’s USD$300 million acquisition of RPM Technologies

On May 21, 2019, Broadridge Financial Solutions Inc. announced its USD$300 million acquisition of RPM Technologies, a Toronto-based provider of enterprise wealth management software solutions and services. This acquisition will enhance Broadridge’s wealth management product offering in Canada...

Lead Office: Toronto Date Closed: May 21, 2019 Value: USD$300 million

RBC Capital Markets in CAPREIT’s $345 million equity financing

On April 23, 2019, Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) completed its previously announced $345 million equity financing. The offering was sold through a syndicate of underwriters led by RBC Capital Markets on a bought-deal basis. RBC Capital Markets is a global...

Lead Office: Toronto Date Closed: April 23, 2019 Value: $345 million

Entertainment One in its US$215 million proposed acquisition of Audio Network

On April 11, 2019, Entertainment One (eOne) announced that it has entered into an agreement to acquire UK-based Audio Network Limited, one of the world’s largest independent creators and publishers of original high-quality music for approximately US$215 million. The cash consideration for...

Lead Office: Toronto Date Closed: April 11, 2019 Value: US$215 million

Hydro One Inc. in its $1.5 billion offering of Medium Term Notes

On April 2, 2019, Hydro One Limited announced that its wholly-owned subsidiary, Hydro One Inc., had priced an offering of $1.5 billion offering of Medium Term Notes, consisting of $700 million aggregate principal amount of 2.54% Medium Term Notes, Series 42, due 2024, $550 million aggregate...

Lead Office: Toronto Date Closed: April 5, 2019 Value: $1.5 billion

RBC Capital Markets in CAPREIT’s $250 million completed offering and over-allotment option

On January 4, 2019, CAP REIT completed its previously announced issue and sale of 5,500,000 units for $45.50 per unit for aggregate gross proceeds of $250,250,000. The offering was sold through a syndicate of underwriters led by RBC Capital Markets on a bought-deal basis. CAPREIT plans to use the...

Lead Office: Toronto Date Closed: January 4, 2019 Value: $250 million