Capital Markets

Syndicate of agents co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc. in connection with the $400 million note offering by Reliance LP

Syndicate of agents co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc.
Expertise
Capital Markets
Team
Arlene Mack

Partner, Financial Services, Toronto

Joyce M. Bernasek

Partner, Financial Services, Toronto

Rosalind Hunter

Partner, Corporate, Toronto

 

On December 18, 2017, Reliance LP completed a private placement of $400,000,000 of 3.836% Senior Secured Notes due March 15, 2025.

Reliance LP is a Canadian company offering water heating, cooling, and ventilation equipment rental services through its subsidiary Reliance Home Comfort LP.

Osler, Hoskin and Harcourt LLP represented the syndicate of agents for the offering, co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc., with a team consisting of Steve Smith, Rosalind Hunter, Arlene Mack and Charlie Zilvytis (Corporate) and Joyce Bernasek and Daniel Tatone (Financial Services).

Value
$400 million
Date Closed
December 18, 2017
Lead Office
Toronto
Team
Arlene Mack

Partner, Financial Services, Toronto

Joyce M. Bernasek

Partner, Financial Services, Toronto

Rosalind Hunter

Partner, Corporate, Toronto