Debt Capital Markets

Our debt capital markets expertise and strong working relationships with regulators enable our lawyers to represent clients in a variety of debt transactions and debt-based financing arrangements throughout Canada as well as worldwide, including straight debt, equity-linked and high-yield bond offerings, convertible bond offerings, private placements, subordinated debt, establishment of global and Euro medium term notes and commercial paper debt issuance programs, and development and issuance of innovative convertible and exchangeable products.

Recent Experience

Definity Financial Corporation on its C$1-billion private placement offering of senior unsecured notes to fund the C$3.3-billion acquisition of Travelers’ Canadian insurance companies and the public company aspects of such acquisition transaction.
The syndicate of dealers on Toronto Hydro Corporation's medium-term note offering of C$250-million aggregate principal amount of senior unsecured debentures (Series 22).
Suncor Energy Inc. on its C$1-billion offering of senior unsecured notes.
A syndicate of underwriters on the C$2-billion maple bond offering of NextEra Energy Capital Holdings, Inc.
A syndicate of dealers in connection with Ontario Power Generation Inc.’s $1-billion public offering of green bonds issued under OPG’s Sustainable Finance Framework.
TC Energy Corporation (through TransCanada PipeLines Limited) on its US$750-million offering of fixed-to-fixed rate junior subordinated notes.
Canadian Imperial Bank of Commerce on its US$2.25-billion offering of senior notes.
Coastal GasLink Pipeline Limited Partnership on its C$7.15-billion private placement of First Lien Senior Secured Notes, Canada’s largest dollar-denominated corporate bond offering to date.
Goeasy Ltd. in connection with its offering of US$400-million aggregate principal amount of senior unsecured notes.
Granite REIT Holdings Limited Partnership in connection with its public offering of C$400-million aggregate principal amount of Series 7 senior unsecured debentures.
Element Fleet Management Corp. on its US$750-million private placement of senior unsecured notes.
Keyera Corp. on its C$400-million offering of senior unsecured medium-term notes.
International Petroleum Corporation on its private placement of US$300-million senior unsecured bonds.
Ero Copper Corp. on its US$400-million offering of senior notes.
Galaxy Digital Holdings LP on its US$500-million offering of exchangeable senior notes.
Open Text Corporation on the cross-border US$1.5-billion offering of senior unsecured notes of Open Text Corporation and its wholly owned U.S. subsidiary Open Text Holdings Inc.
TC Energy Corporation on its US$2.25 billion debt offering.
The Calgary Airport Authority on its C$2.075-billion inaugural bond issuance and bond exchange.
Cenovus Energy Inc. on its cross-border US$1.25-billion public offering of senior unsecured notes.