Tim Andison
Partner | Toronto
Toronto: 416-863-2654

Tim's practice focuses on a wide variety of M&A and equity and debt capital markets transactions, including initial public offerings (IPOs), high-yield and other debt offerings, restructurings, and liability-management transactions. He has acted for numerous underwriters, issuers, financial sponsors, lenders and borrowers based in Canada, the United States, South America, Europe and Asia.

Before joining Blakes, Tim practised as a member of the capital markets group of a leading U.S. law firm in its London, New York, Singapore and Toronto offices.

SELECT EXPERIENCE

Tim's recent experience includes advising:

  • Various issuers in connection with their convertible and non-convertible debt offerings, including goeasy; Painted Pony; Granite REIT; MCAP; and Iamgold

  • The underwriters in connection with various IPOs and other equity offerings, including offerings by Source Energy Services; Champion Iron; Leagold; Wajax; and Banro Corporation

  • The underwriters in connection with various offerings of Canadian-dollar high-yield notes, including offerings by Saguaro Resources; Source Energy Services; Alliance Grain Traders; Brookfield Residential Properties; DHX Media; Sherritt International (as well as Sherritt's related debt tender offer and consent solicitation); Trevali Mining; Cogeco; Wajax; Crew Energy; Savanna Energy Services; GFL Environmental (as well as GFL's debt tender offer); Southern Pacific Resources; Alliance Grain Traders; Athabasca Oil Corporation; Golf Town, a portfolio company of OMERS Private Equity, in connection with its acquisition of Golfsmith; and Noranda Operating Trust; as well as various offerings of investment-grade notes, including offerings by Federated Co-operatives and Northwest Redwater Partnership

  • The underwriters in connection with various offerings of convertible debentures, including offerings by Primero and Dorel Industries Inc.

  • BlackBerry Limited in connection with its US$1-billion private placement of convertible debentures to Fairfax and other institutional investors

  • Certain shareholders of MI Developments (now Granite REIT) in connection with the elimination of the company's dual-class share structure and the associated sale of the company's racing and gaming business

  • The Brick in connection with its sale to Leon's Furniture for C$700-million as well as its earlier debenture buyback transaction, the amendment of its credit facility, and a transaction to facilitate the exercise of its outstanding warrants by adding a cashless exercise right

  • TransGlobe Apartment Real Estate Investment Trust in connection with its sale to PD Kanco LP and Starlight Investments Ltd., valued at C$2-billion

  • Cliffs Natural Resources in connection with its C$4.9-billion acquisition of a Canadian mining company and the related reorganization of the acquired company's outstanding debt and convertible debt securities

AWARDS & RECOGNITION

Tim is recognized as a leading lawyer in the following publications:

  • Chambers Canada: Canada's Leading Lawyers for Business 2018 (Capital Markets: Debt & Equity)

  • IFLR1000: The Guide to the World's Leading Financial Law Firms - 2018 Edition (Financial Restructuring, Capital Markets: Debt, Capital Markets: Equity)

  • The Canadian Legal Lexpert Directory 2017 (Corporate Finance & Securities)

  • The Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada 2016