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

Tim's practice focuses on a wide variety of M&A and debt and equity 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.

Tim is one of only three lawyers in Canada who were awarded the top-level “Band 1” ranking in Chambers Canada: Canada's Leading Lawyers for Business for Capital Markets – Debt and Equity in 2019. He has also received numerous other awards and recognitions.

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:

  • Cronos Group in connection with its C$2.4-billion strategic investment from Altria Group

  • Various issuers in connection with numerous offerings of equity and debt securities, including Cronos Group, goeasy, Vesta Energy, 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 numerous offerings of Canadian-dollar high-yield notes across all industry sectors as well as numerous offerings of investment-grade notes

  • The underwriters in connection with various offerings of convertible debentures, including offerings by Gran Colombia Gold, Aurora Cannabis, 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 2019 (Capital Markets: Debt & Equity)

  • The Legal 500 Canada 2019 (Capital Markets)

  • The Canadian Legal Lexpert Directory 2019 (Corporate Finance & Securities)

  • Chambers Global: The World’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)

  • Acritas Stars 2018: Independently Rated Lawyer (Nominated as a stand-out lawyer by senior in-house counsel)

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