Taxation in Capital Markets

goeasy Ltd. in its closing of an offering of US$550 million senior unsecured notes

On November 28, 2023, goeasy Ltd. closed an offering of US$550 million aggregate principal amount of 9.250% senior unsecured notes due 2028, made through a syndicate of initial purchasers. goeasy intends to use the proceeds from this offering to fund the redemption of all of its outstanding...

Lead Office: Toronto Date Closed: November 28, 2023 Value: US$550 million

The syndicate of underwriters in the US$2.25 billion bond offering by the Province of British Columbia

On July 6, 2023, the Province of British Columbia closed an offering of US$2.25 billion aggregate principal amount 4.200% bonds, Series BCUSG-13, due July 6, 2033.BMO Capital Markets Corp., CIBC World Markets Corp., Deutsche Bank AG, London Branch, National Bank of Canada Financial Inc. and...

Lead Office: Toronto Date Closed: July 6, 2023 Value: US$2.25 billion

Emera Incorporated in its $500 million senior unsecured note financing

On May 2, 2023, Emera Incorporated completed its $500 million offering of 4.838% Senior Unsecured Notes due 2030. The Notes were offered through a syndicate of agents led by Scotia Capital Inc. and RBC Dominion Securities Inc., and included BMO Nesbitt Burns Inc., CIBC World Markets Inc., TD...

Lead Office: Toronto Date Closed: May 2, 2023 Value: $500 million

Royal Bank of Canada in its $750 million inaugural institutional Preferred Shares Series BT offering

On November 5, 2021, Royal Bank of Canada completed its inaugural institutional preferred share offering valued at $750 million - the first Canadian bank to complete this type of offering. This offering was the next step in RBC’s Tier 1 capital offerings, following its inaugural $1.75...

Lead Office: Toronto Date Closed: January 21, 2022 Value: $750 million