Arlene Mack

Bank of Montreal in its $1 billion offering of Limited Recourse Capital Notes, Series 3

On September 13, 2022, Bank of Montreal closed its offering of $1 billion aggregate principal amount of 7.325% Limited Recourse Capital Notes, Series 3 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness). The notes bear interest at a rate of 7.325 per cent annually, payable...

Lead Office: Toronto Date Closed: September 13, 2022 Value: $1 billion

Laurentian Bank in its inaugural LRCN offering

On May 7, 2021, Laurentian Bank of Canada completed its inaugural offering of $125 million aggregate principal amount of 5.30% Limited Recourse Capital Notes (LRCNs). The offering was made through a syndicate of agents co-led by Laurentian Bank Securities and CIBC Capital Markets acting as...

Lead Office: Toronto Date Closed: May 7, 2021 Value: $125 million

The Bank of Nova Scotia in its US$1.25 billion senior notes offering

On April 17, 2020, The Bank of Nova Scotia completed its US$1.25 billion offering. The 1.625% senior unsubordinated unsecured notes are due 2023 and the proceeds will be used for general corporate purposes. The Bank of Nova Scotia is a leading financial institution in Canada and a financial...

Lead Office: Toronto Date Closed: April 17, 2020 Value: US $1.25 billion

Clio in its record-setting US$250 million Series D equity financing from TCV and JMI

On September 4, 2019, Clio announced the closing of its US$250 million Series D equity funding round from leading growth equity funds TCV and JMI Equity. This deal is the largest venture-capital investment for a Canadian company since 2000. Clio is a global leader in cloud-based legal...

Lead Office: Vancouver Date Closed: 4 September 2019 Value: US$250 million

BMO in its US$500 million inaugural additional Tier 1 note offering

On July 23, 2019, the Bank of Montreal (“BMO”) announced its US$500 million inaugural offering of additional Tier 1 notes. This relatively new form of capital expands the scope of available investor markets to Canadian banks. The coupon of 4.80% represents the strength of...

Lead Office: Toronto Date Closed: -- Value: US$500 million

Q4 in its US$38 million Series C financing

On September 12, 2018, Q4 Inc. ("Q4"), announced that it has closed a US$38 million financing round, led by Napier Park Financial Partners ("Napier Park"). The new funds will be used to support the continued development of the Company’s next generation, purpose-built...

Lead Office: Toronto Date Closed: September 12, 2018 Value: US$38 million

The Underwriters in TELUS Corporation's offering of 4.6% notes for US$750 million

On June 12, 2018, TELUS Corporation announced that it has successfully closed its previously announced offering of US$750 million of senior unsecured 4.60 per cent 30-year notes, maturing on November 16, 2048. The notes were offered through a syndicate of underwriters led by Merrill Lynch,...

Lead Office: Toronto Date Closed: June 12, 2018 Value: US$750 million

The dealers in an offering of medium term notes by Caterpillar Financial Services Limited

On June 8, 2018, Caterpillar Financial Services Limited announced the closing of its offering of: (i) $250,000,000 principal amount of 2.80% senior unsecured medium term notes due June 8, 2021; and (ii) $200,000,000 principal amount of floating rate medium term notes due 2019 (collectively, the...

Lead Office: Toronto Date Closed: June 8, 2018 Value: $450 million

RBC Dominion Securities Inc. and TD Securities Inc., the dealers, in a $150 million offering of medium term notes by Caterpillar Financial Services Limited

On June 8, 2018, Caterpillar Financial Services Limited announced the closing of its offering of i) $250,000,000 principal amount of 2.80% senior unsecured medium term notes due June 8, 2021; and (ii) $200,000,000 principal amount of floating rate medium term notes due 2019...

Lead Office: Toronto Date Closed: -- Value: $450 million

Fullscript in its merger with Natural Partners

On June 2, 2018, Natural Partners, Inc. and Fullscript announced plans to combine to create a more efficient, effective, and innovative solution for integrative practitioners and patients who seek holistic and natural solutions for wellness. Natural Partners Fullscript, the new merged...

Lead Office: Toronto Date Closed: -- Value: -