Capital Markets

Syndicate of underwriters co-led by TD Securities Inc. and RBC Dominion Securities Inc. in the $1.75 billion initial public offering of Kinder Morgan Canada Limited

Syndicate of underwriters co-led by TD Securities Inc. and RBC Dominion Securities Inc.
Key Contact
Frank Turner

Partner, Corporate, Calgary

Team
Desmond Lee

Partner, Corporate, Toronto

Jason Comerford

Partner, Corporate, New York

Sander Duncanson

Partner, Regulatory, Indigenous and Environmental, Calgary

On May 30, 2017, Kinder Morgan Canada Limited (“KML”) closed its initial public offering (the “Offering”).  TD Securities Inc. and RBC Dominion Securities Inc. acted as joint bookrunners for the Offering. KML issued 102,942,000 restricted voting shares (“Restricted Voting Shares”) at a price of $17.00 per Restricted Voting Share for gross proceeds of $1.75 billion.

Osler, Hoskin & Harcourt LLP represented the Underwriters with a team led by Frank Turner which included Edward Tapuska, Desmond Lee, Jason Comerford, Sander Duncanson, Daniel Zuniga and Lily Liu. (Corporate Finance and Securities).

Value
$1.75 billion
Date Closed
May 1, 2017
Lead Office
Calgary
Key Contact
Frank Turner

Partner, Corporate, Calgary

Team
Desmond Lee

Partner, Corporate, Toronto

Jason Comerford

Partner, Corporate, New York

Sander Duncanson

Partner, Regulatory, Indigenous and Environmental, Calgary