Representative Work Representative Work

First Nations Finance Authority in its $126,000,000 offering of 3.05% Senior Secured Bonds, Series 2017-1, due June 1, 2028

On October 26, 2017, First Nations Finance Authority (“FNFA”) announced its $126,000,000 offering of 3.05% Senior Secured Bonds, Series 2017-1, due June 1, 2028. FNFA is the centralized borrowing agency for eligible First Nations across Canada. The FNFA provides investment...

Lead Office: Vancouver Date Closed: October 26, 2017 Value: $126 million

Underwriters in connection with the IPO of Roots Corporation on the TSX

On October 25, 2017, Roots Corporation, an iconic Canadian brand, completed its initial public offering (IPO). The IPO was a 100% secondary offering of Roots’ common shares by investment funds managed by Searchlight Capital Partners, L.P. and an entity indirectly controlled by Michael Budman and...

Lead Office: Toronto Date Closed: October 25, 2017 Value: -

Lightspeed POS Inc. in a US$166 million transaction involving an acquisition of shares by the Caisse de dépôt et placement du Québec

On October 17, 2017, Lightspeed POS Inc. (“Lightspeed”) announced the closing of a US$166 million transaction in which the Caisse de dépôt et placement du Québec ("Caisse") acquired Accel Partners' stake in Lightspeed. The transaction also involved additional...

Lead Office: Ottawa Date Closed: October 17, 2017 Value: US$166 million

Corus Entertainment Inc. in the proposed sale of specialty channels to Bell Media Inc. for approximately $200 million

In October 2017, Osler acted for Corus Entertainment Inc. (“Corus”) in its proposed agreement to sell French-language specialty channels Historia and Séries+ to Bell Media Inc. (“Bell Media”) for approximately $200 million. The increased financial flexibility that this transaction...

Lead Office: Toronto Date Closed: -- Value: $200 million

The Bank of Nova Scotia in its launch of a new form of Additional Tier 1 Capital

On October 12, 2017, The Bank of Nova Scotia ("BNS") completed an offering of 4.650% fixed to floating rate non-cumulative subordinated additional Tier 1 Capital Notes for US$1.25 billion. This offering represented the first issuance of this new form of Additional Tier 1...

Lead Office: Toronto Date Closed: October 12, 2017 Value: US$1.25 billion

Andrew Peller Limited in its acquisition of three British Columbia Wineries

In October 2017, Andrew Peller Limited completed its acquisition of 100% of Black Hills Estate Winery, Gray Monk Estate Winery and Tinhorn Creek Vineyards, for a combined purchase price of $95 million. The purchase was funded by a combination of $78 million in cash from the Andrew...

Lead Office: Vancouver Date Closed: October 10, 2017 Value: $95 milllion

TPG Capital LP in its proposed acquisition of Transplace Inc.

On August 14, 2017, TPG Capital LP ("TPG") announced that it has entered into a definitive purchase agreement to acquire Transplace Inc. ("Transplace") from Greenbriar Equity Group. Transplace is a leading North American non-asset based logistics services provider...

Lead Office: Toronto Date Closed: October 9, 2017 Value: -

BMO Capital Markets Corp. in the acquisition of DigitalGlobe by MacDonald, Dettwiler and Associates Ltd. for $US3.6 billion

On October 5, 2017, MacDonald, Dettwiler and Associates Ltd. (“MDA") announced the completion of its acquisition of DigitalGlobe, Inc. This transaction is valued at an enterprise value of US$3.6 billion.  BMO Capital Markets Corp. (“BMO”) acted as financial...

Lead Office: Toronto Date Closed: October 5, 2017 Value: US$3.6 billion

SmartREIT and Strathallen Acquisitions Inc. in the acquisition of all of the assets and liabilities of OneREIT for $1.1 billion

On October 4, 2017, Smart Real Estate Investment Trust ("SmartREIT") and Strathallen Acquisitions Inc. ("Strathallen") completed their announced agreement to acquire all of the assets and assume all of the liabilities of OneREIT, including long-term debt and all residual liabilities, where OneREIT...

Lead Office: Toronto Date Closed: October 4, 2017 Value: $1.1 billion

Regis Corporation in connection with its sale and subsequent franchise of substantially all of its mall-based salons in Canada.

On October 2, 2017, Regis Corporation announced it has sold substantially all of its mall-based salon business in the United States, Canada and the United Kingdom to The Beautiful Group, an affiliate of Regent Corporation, who will operate them as the Company’s largest franchisee. ...

Lead Office: Toronto Date Closed: October 2, 2017 Value: -