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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

The Underwriters in Telus’ $1.5 billion equity raise

On February 20, 2020, Telus Corp. announced its intention to raise $1.5 billion through a sale of shares led by RBC Capital Markets and TD Securities. The funds will be used to finance growth opportunities, capital expenditures and reduce indebtedness. Telus Corp. is a Canadian...

Lead Office: Toronto Date Closed: 26 February 2020 Value: $1.5 billion

Quicken Loans and Rock Holdings in Edison Financial’s Preferred Round

Edison Financial raised an undisclosed preferred round led by Rock Holdings, the parent company of Quicken Loans. Edison Financial plans to use the funding for product development, to develop and maintain partnerships with top Canadian lenders and insurers, and to expand its team. Edison...

Lead Office: Toronto Date Closed: -- Value: -

Greengate Power Corporation in its agreement with Copenhagen Infrastructure Partners to develop Travers Solar – Canada’s largest operating solar energy project

On February 4, 2020, Greengate Power Corporation and Copenhagen Infrastructure Partners announced they have entered into an agreement with the intention to fund the further development and construction of the Travers Solar project. Located in Vulcan County, Alberta, Travers Solar is...

Lead Office: Calgary Date Closed: January 30, 2020 Value: $500 million

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

Verafin in its $515 million venture funding - the largest venture funding deal in Canada’s history

On September 25, 2019, Verafin, a fraud-detection and anti-money laundering software provider to financial institutions, announced its $515 million financing transaction. This deal will set the record for the largest venture funding deal in Canada’s history, edging out Clio’s...

Lead Office: Toronto Date Closed: 25 September 2019 Value: $515 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

BMO in its US$500 million inaugural additional Tier 1 note offering

On July 23, 2019, the Bank of Montreal (“BMO”) announced its US$500 million inaugural offering of additional Tier 1 notes. This relatively new form of capital expands the scope of available investor markets to Canadian banks. The coupon of 4.80% represents the strength of...

Lead Office: Toronto Date Closed: -- Value: US$500 million

ClearBanc in its US$70 million in Seed and Series A financing

On November 12, 2018, Clear Finance Technology Corp. (“Clearbanc”) raised US$70 million in Seed and Series A funding. Clear Finance Technology Corp will use the proceeds to grow the business. Clear Finance Technology Corp provides financial and banking services which includes managing...

Lead Office: Toronto Date Closed: November 12, 2018 Value: US$70 million

Hopper Inc. in its Series D Financing Round of US$100 million

On October 3, 2018, Hopper Inc. (“Hopper”) announced that it has closed a US$100 million Series D financing led by OMERS Ventures. Existing investors Caisse de dépôt et placement du Québec (CDPQ), Accomplice, Brightspark Ventures, Investissement Québec, BDC Capital IT Venture Fund,...

Lead Office: Montreal Date Closed: October 3, 2018 Value: US$100 million