Jacqueline Code

Royal Bank of Canada in its inaugural US$1 billion Limited Recourse Series 4 Capital Notes offering

On April 24, 2024, Royal Bank of Canada (RBC) completed its inaugural offering of US$1 billion aggregate principal amount of Limited Recourse Capital Notes, Series 4 (Non-Viability Contingent Capital (NVCC)) (LRCNs) in the United States of America and on a private placement basis in...

Lead Office: Toronto Date Announced: Apr 24, 2024 Value: US$1 billion

Credit Suisse in its capacity as agent for the first lien lenders to Dominion Diamond Mines ULC

On April 21, 2021, Dominion Diamond Mines ULC was granted protection under the Companies’ Creditors Arrangement Act. Credit Suisse AG, Caymen Islands Branch, was named agent for the first lien lenders to Dominion. Following a failed sale transaction that resulted from Dominion’s sale and...

Lead Office: Toronto Date Closed: April 21, 2021 Value: -

Just Energy Group Inc. in connection with its $1.1 billion recapitalization transaction

Osler, Hoskin & Harcourt LLP advised Just Energy Group Inc. (“Just Energy”) in connection with its $1.1 billion recapitalization transaction (the “Recapitalization Transaction”) pursuant to a plan of arrangement under the Canada Business Corporations Act (the...

Lead Office: Toronto Date Closed: September 28, 2020 Value: $1.1 billion

Fusion Pharmaceuticals in its $212.5 million IPO

On June 25, 2020, Fusion Pharmaceuticals announced the pricing of its initial public offering of 12,500,000 common shares at a public offering price of $17.00 per share. All of the shares are being offered by Fusion. The gross proceeds of the offering, before deducting underwriting discounts and...

Lead Office: Toronto Date Closed: June 1, 2020 Value: $212.5 million

Algoma Steel Inc. and certain senior secured term lenders in Canada in Algoma’s acquisition of substantially all the assets of Essar Steel Algoma in connection to a restructuring under the CCAA

On November 30, 2018, the prepetition term lenders and prepetition senior noteholders to Essar Steel Algoma Inc., through a special purpose acquisition vehicle Algoma Steel Inc., successfully acquired substantially all of the assets of Essar Steel Algoma Inc. and its US subsidiary Essar Steel...

Lead Office: Toronto Date Closed: November 30, 2018 Value: $2 billion

Osler advises the Secured Debtholder Committee of Concordia International Corp. in connection with US$3.7 billion recapitalization transaction

Osler, Hoskin & Harcourt LLP advised the Secured Debtholder Committee of Concordia International Corp. in connection with a US$3.7 billion recapitalization transaction implemented under the Canada Business Corporations Act (CBCA). Concordia is a global pharmaceutical company with sales in more...

Lead Office: Toronto Date Closed: September 6, 2018 Value: US$3.7 billion

Target in connection with the wind-down of its Canadian operations under the Companies’ Creditors Arrangement Act

In November 2014, discount retailer, Target Canada Co. announced the orderly wind-down of its Canadian operations pursuant to proceedings under the Companies’ Creditors Arrangement Act. The wind-down included the closure of 133 retail stores across the country and the sale of its real estate...

Lead Office: Toronto Date Closed: -- Value: Over $850 million