Representative Work Representative Work

ApplyBoard in its $70 million Series C extension

On September 16, 2020, ApplyBoard completed its $70 million Series C extension. The round was led by new strategic partner, Education Testing Services and included Index Ventures, Blue Cloud Ventures and Harmonic Growth Partners. The funding will be used to grow ApplyBoard’s team and...

Lead Office: Toronto Date Closed: September 16, 2020 Value: $70 million

The Syndicate of Dealers in AltaLink’s $225 million notes offering

On September 11, 2020,  AltaLink issued $225 million of 1.509% Senior Secured Notes due 2030 on a private placement basis, with a syndicate led by Scotia Capital Inc., RBC Dominion Securities Inc. and BMO Nesbitt Burns Inc. The proceeds from the offering will be used to repay $125...

Lead Office: Toronto Date Closed: September 11, 2020 Value: $225 million

National Bank of Canada in its Additional Tier 1 offering of Limited Recourse Capital Notes

On September 1, 2020, National Bank of Canada announced its $500 million offering of Additional Tier 1 (AT1) Limited Recourse Capital Notes. The offering uses the now market standard form of AT1 capital instrument pioneered by Osler. The notes have a 4.3% interest rate and are due November,...

Lead Office: Toronto Date Closed: September 9, 2020 Value: $500 million

Enterprise Holdings Inc. in its Canadian subsidiary's acquisition of Discount Car and Truck Rentals

On December 5, 2019, Enterprise Holdings Inc. announced the signing of an agreement to which its Canadian subsidiary will acquire Discount Car and Truck Rentals. The transaction will generate growth by combining complementary service offerings and expertise to offer a broader range of...

Lead Office: Toronto Date Closed: September 2, 2020 Value: -

CIBC Innovation Banking in ProNavigator’s $5.6 million financing round

On September 2, 2020, ProNavigator completed its $5.6 million financing round. The financing round was co-led by Luge Capital as well as GreenSky Capital and MaRs IAF, and included CIBC Innovation Banking, iNovia Capital and the Business Development Bank of Canada. The funding will be used...

Lead Office: Toronto Date Closed: September 2, 2020 Value: $5.6 million

Acerta in its US$7 million Series A financing round

On September 1, 2020, Acerta completed its US$7 million Series A financing round led by OMERS Ventures, with US$5 million being new capital. The funding will be used to expand and strengthen Acerta’s geographic presence in the Japanese and European automotive markets. The financing...

Lead Office: Toronto Date Closed: September 1, 2020 Value: US$7 million

Chemtrade Logistics Income Fund in its $75 million public offering

On August 26, 2020, Chemtrade Logistics Income Fund (“Chemtrade”) completed its previously announced public offering of $75 million aggregate principal amount of 8.50% convertible unsecured subordinated debentures due September 30, 2025 (“2025 Debentures”). The 2025...

Lead Office: Toronto Date Closed: September 1, 2020 Value: $75 million

A syndicate of international banks in the $2.8 billion Millennium Broadway Extension

On September 1, 2020, ACCIONA-Ghella consortium reached financial close to design and build the Millennium Line Broadway Extension. The $2.8 billion project was financed by a syndicate of international banks providing senior debt financing and hedging facilities for the Design Build and Financing...

Lead Office: Toronto Date Closed: September 1, 2020 Value: $2.8 billion

KitchenMate in its $3.5 million Seed financing round

KitchenMate completed a $3.5 million Seed financing round led by Eniac Ventures and Golden Ventures. KitchenMate  plans to use the funding to bring its product, which allows users to cook fresh, healthy meals at work, at an affordable cost, to the US. KitchenMate was founded with the...

Lead Office: Toronto Date Closed: August 31, 2020 Value: $3.5 million

Kineticor Resource Corp. in the development and financing of the $1.5 billion Cascade Power Project

On August 27, 2020, Kineticor Resource Corp., together with joint development sponsors Macquarie Capital and OPTrust and project sponsors OPTrust, Axium Infrastructure and DIF Capital Partners, successfully closed financing on the $1.5 billion Cascade Power Project. Cascade is a 900...

Lead Office: Calgary Date Closed: August 27, 2020 Value: $1.5 billion