Representative Work Representative Work

The agents in connection with a $700-million offering of senior notes by Fairfax Financial Holdings Limited

On November 22, 2024, Fairfax Financial Holdings Limited (Fairfax) announced the closing of its previously announced $700-million offering of senior notes, comprised of a $450-million aggregate principal amount of 4.73% senior notes due 2034 and C$250 million in aggregate principal amount of 5.23%...

Lead Office: Toronto Date Announced: November 22, 2024 Value: $700 million

NOVA Chemicals Corporation in its pricing of a private offering of US$400 million of senior unsecured notes

On November 18, 2024, NOVA Chemical Corporation (NOVA) announced the pricing of a private offering of US$400 million of senior unsecured notes. These notes are structured as 7-year non-call 3 years and an interest rate of 7% per annum. TD Securities (USA) LLC acted as lead bookrunner, and RBC...

Lead Office: Toronto Date Announced: November 18, 2024 Value: US$400 million

Pender Ventures in its securing of $100 million for its second fund

On November 14, 2024, Pender Ventures Technology Inflection Fund II LP announced the final close of their second venture fund at over $100 million. The final close included investment from Alberta Enterprise Corporation (AEC). Pender Ventures is a thesis-driven venture capital investor focused...

Lead Office: Vancouver Date Announced: November 14, 2024 Value: $100 million

Chartwell in the establishment of its $250-million at-the-market equity distribution program

On November 14, 2024, Chartwell Retirement Residences filed a prospectus supplement to establish an at-the-market equity distribution program (the ATM program). The ATM program allows Chartwell to issue trust units up to an aggregate sale price of $250 million from treasury to the public from time...

Lead Office: Toronto Date Announced: November 14, 2024 Value: $250 million

Dream Summit Industrial LP in its $250-million senior unsecured debentures offering

On November 14, 2024, Dream Summit Industrial LP completed a private placement of $250-million aggregate principal amount of 4.507% senior unsecured debentures. The debentures were offered on an agency basis by a syndicate of agents led by RBC Capital Markets, Scotiabank and TD Securities...

Lead Office: Toronto Date Closed: November 14, 2024 Value: $250 million

Tenaz Energy Corp. in its inaugural $140-million senior unsecured notes offering

On November 12, 2024, Tenaz Energy announced the closing of its inaugural offering of $140 million of 12.00% senior unsecured notes due 2029. This offering's sole bookrunner and placement agent is National Bank Financial Markets. Tenaz Energy operates as an oil and gas company located in...

Lead Office: Toronto Date Announced: November 12, 2024 Value: $140 million

Mistral Venture Partners in connection with runQL raising of $1.6 million of pre-seed funding

On November 12, 2024, RunQL announced it raised $1.6 million of pre-seed funding in a round led by Mistral Venture Partners. This also included participation from MaRS Investment Accelerator Fund, Inovia Capital, University of Waterloo Velocity Fund, Philip Rathle, CTO of Neo4j and other...

Lead Office: Toronto Date Announced: November 12, 2024 Value: $1.6 million

Spire Global in its agreement to sell its maritime business for approximately US$241 million

On November 13, 2024, Spire Global announced its agreement to sell its maritime business for approximately US$241 million to Kpler. Spire Global intends to use the proceeds of the sale to retire all outstanding debt and invest in near-term growth opportunities. The transaction consists of a...

Lead Office: Toronto Date Announced: November 12, 2024 Value: US$241 million

Neo Financial Technologies in its raising of $362 million in Series D financing

On November 11, 2024, Neo Financial Technologies announced its raising of $362 million in a Series D financing round. This financing is composed of $112 million of equity and $250 million in debt. The company plans on utilizing the funding towards expanding its offerings to Canadians. The...

Lead Office: Toronto Date Announced: November 11, 2024 Value: $362 million

Aviation Starlink Inc. and its affiliates in the acquisition of certain assets of affiliates of Chrono Aviation Inc., and related equity investment and debt financing

On November 8, 2024, Aviation Starlink Inc. and its affiliates closed the acquisition of certain assets of Services Aériens Lux Inc. and other affiliates of Chrono Aviation Inc. and, in connection with the acquisition, closed related equity investments and debt financing of the Chrono Group. The...

Lead Office: Montreal Date Closed: November 8, 2024 Value: --