Lexpert Magazine

September 2019

Lexpert magazine features articles and columns on developments in legal practice management, deals and lawsuits of interest in Canada, the law and business issues of interest to legal professionals and businesses that purchase legal services.

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LEXPERT MAGAZINE | Q3 2019 23 vices announced its merger with MDC Group to become a fully integrated North American real estate platform. e new entity will be a fully integrated real estate platform with a portfolio worth more than US$16.5 billion and encompassing 35 mil- lion square feet of office, retail, industrial and residential assets under management in Canada and the United States. e platform will operate as Epic Invest- ment Services in Canada and MDC Re- alty Advisors in the U.S. and will combine Epic's property and asset management ex- pertise with MDC's transactional acumen and development management experience. Stikeman Elliott LLP acted as coun- sel to Epic Investment Services and EPIC GP with a team consisting of Vince Imerti, Charlie McDonald, Curtis Lahey, Kate Amirault and Sarah Visentin (M&A), John O'Connor (Tax), Nancy Ramalho and Khalfan Khalfan (Employment), and Allyson Marta (Benefits). McCarthy Tétrault LLP acted as coun- sel to the MDC Entities, with a team com- prised of Stephen Livergant (Real Proper- ty), Ben Aberant (Labour & Employment), Jeremy Busch-Howell and Michael Sha- hinian (Business law). COMINAR REAL ESTATE INVESTMENT TRUST COMPLETES $200-MILLION OFFERING OF SE- NIOR UNSECURED DEBENTURES DECISION DATE: MAY 15, 2019 On May 15, 2019, Cominar Real Estate Investment Trust ("Cominar"), one of the largest diversified real estate investment trusts in Canada and the largest com- mercial property owner in the Province of Québec with a real estate portfolio of 346 high-quality, office, retail and industrial properties, completed the offering of its Series 11 senior unsecured debentures due May 15, 2024 in the principal amount of $200 million. e net proceeds of the offering were used to pay down debt outstanding under Cominar's unsecured revolving credit facil- ity and for the repayment of the $300-mil- lion aggregate principal amount of Series 7 debentures due June 21, 2019. e offering was completed by way of private placement in Canada pursuant to an agency agreement with a syndicate of agents co-led by BMO Capital Markets and National Bank Financial Markets, and which included RBC Dominion Securi- ties, CIBC World Markets, TD Securities, Desjardins Securities and Scotia Capital. Cominar was represented by Davies Ward Phillips & Vineberg LLP, with a team comprised of Sébastien Roy and Florence Bienvenu (Corporate Finance and Securities) and John Lennard (Tax). e agents were represented by Lavery de Billy, L.L.P., with a team comprised of Michel Servant, Marc Rochefort and Mylène Vallières (Corporate Finance and Securities) and Philip Nolan (Tax). From Stikeman Elliott LLP: Master the law. Canada's leading law school offers a graduate degree in four unique streams: Business Law Canadian Law in a Global Context Innovation, Law and Technology Law of Leadership Apply today. Visit gpllm.law.utoronto.ca Questions? gpllm@utoronto.ca

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