Law Firm | Canadian Lawyer

Torys LLP

19 Dec 2024

Hydro One acquires 48% stake in East-West Tie Line for $257 million

Deal TypeMerger & Acquisition

IndustryEnergy

Transaction Value$ 257,000,000

ClientsHydro One Limited, OMERS Infrastructure Management Inc., Enbridge Transmission Holdings Inc.
10 Dec 2024

Brookfield Finance Inc. issues US$700 million subordinated notes

Deal TypePublic/Private Offering

IndustryBanking/Finance

Transaction ValueUndisclosed/Confidential

ClientsBrookfield Finance Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., Banco Bradesco BBI S.A., BNP Paribas Securities Corp., Brookfield Securities LLC, Desjardins Securities Inc., Itau BBA USA Securities, Inc., MUFG Securities Americas Inc., SG Americas Securities, LLC, National Bank of Canada Financial Inc., Natixis Securities Americas LLC, Santander US Capital Markets LLC
5 Dec 2024

Brookfield Renewable announces $200 million Green Hybrid Notes issuance

Deal TypePublic/Private Offering

IndustryEnergy

Transaction Value$ 200,000,000

ClientsBrookfield Renewable, BMO Capital Markets, CIBC Capital Markets, Bank of Nova Scotia (Scotiabank), RBC Capital Markets, TD Securities, National Bank Financial Markets, Desjardins Securities Inc., BNP Paribas (Canada) Securities Inc., Mizuho Securities Canada Inc., MUFG Securities (Canada), Ltd., SMBC Nikko Securities Canada, Ltd., iA Private Wealth Inc.
3 Dec 2024

Manulife issues $1 billion fixed/floating subordinated debentures

Deal TypePublic/Private Offering

IndustryBanking/Finance

Transaction Value$ 1,000,000,000

ClientsManulife Financial Corporation, RBC Dominion Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., Manulife Wealth Inc., Merrill Lynch Canada Inc., UBS Securities Canada Inc., BNP Paribas (Canada) Securities Inc., Desjardins Securities Inc., Laurentian Bank Securities Inc., Raymond James Ltd.
2 Dec 2024

iA Financial issues $400 million subordinated debentures

Deal TypePublic/Private Offering

IndustryBanking/Finance

Transaction Value$ 400,000,000

ClientsiA Financial Corporation Inc., National Bank Financial Inc., RBC Dominion Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc., iA Private Wealth Inc., Casgrain & Company Limited, UBS Securities Canada Inc.
2 Dec 2024

National Bank of Canada launches $12 billion Contingent Income Notes program

Deal TypePublic/Private Offering

IndustryBanking/Finance

Transaction Value$ 12,000,000,000

ClientsNational Bank of Canada, National Bank Financial Inc., Independent Dealers
2 Dec 2024

Gear Energy announces $110 million sale to purchaser, spinout of Newco

Deal TypeMerger & Acquisition

IndustryEnergy

Transaction Value$ 110,000,000

ClientsGear Energy Ltd., ATB Securities Inc.
28 Nov 2024

Topaz Energy completes $300 million secondary offering

Deal TypePublic/Private Offering

IndustryEnergy

Transaction Value$ 300,240,000

ClientsTopaz Energy Corp., Peters & Co. Limited, BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., RBC Dominion Securities Inc., CIBC World Markets Inc., TD Securities Inc., ATB Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Tudor, Pickering, Holt & Co. Securities – Canada, ULC
25 Nov 2024

Mubadala Capital to acquire CI Financial for $4.7 billion

Deal TypeMerger & Acquisition

IndustryBanking/Finance

Transaction Value$ 4,700,000,000

ClientsMubadala Capital, CI Financial Corp., Bain Capital
19 Nov 2024

Fairfax Financial announces $700 million senior notes offering

Deal TypePublic/Private Offering

IndustryBanking/Finance

Transaction Value$ 700,000,000

ClientsFairfax Financial Holdings Limited, BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Merrill Lynch Canada Inc., National Bank Financial Inc., TD Securities Inc., Citigroup Global Markets Canada Inc., Desjardins Securities Inc., J.P. Morgan Securities Canada Inc., Mizuho Securities Canada Inc.