LEXPERT MAGAZINE
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Q3 2019 13
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COMPILED BY ELIZABETH RAYMER
Metals & Mining
the recent $500-million private capital
refinancing, of which $300 million of the
funds were provided through an increase
to McInnis Cement's senior loan facility,
and $200 million was provided by Caisse
de dépôt et placement du Québec and
Beaudier Inc.
McInnis Cement is a privately held
company with corporate headquarters in
Québec, Canada, with its United States
headquarters in Stamford, Connecticut.
e company's plant in Port-Daniel–Gas-
cons, Canada is the first new cement plant
to serve Eastern Canada as well as the U.S.
Eastern seaboard and Great Lakes region
in more than 50 years.
McInnis Cement was represented by
McCarthy Tétrault LLP, with a team
comprised of Mathieu Dubord, Étienne
Guertin, Francois Dupuis, Jason Phel-
an, François Dupuis, Clemens Mayr and
Vincent Laurin (Corporate), Ellen Chen
(Banking), Christian Meighen, Marie-
Soleil Landry, Quentin Lageix, Nicolas
Cloutier, Anthony Sylvain and Nicolas
Désy (Tax), Annie Gagnon-Larocque
(Real Estate), and Cindy Vaillancourt (En-
vironment).
McInnis Cement was represented by
McCarthy Tétrault LLP, with a team
comprised of Mathieu Dubord, Étienne
Guertin, Jason Phelan, François Dupuis
and Ellen Chen (Banking), Marie-Soleil
Landry, Nicolas Cloutier, Anthony Syl-
vain, Christian Meighen, Francois Dupuis
and Annie Gagnon-Larocque (Real Es-
tate), Vincent Laurin, Quentin Lageix and
Cindy Vaillancourt (Environment), Nico-
las Désy and Clemens Mayr.
McInnis Cement's senior
lenders were represented by
Norton Rose Fulbright
Canada LLP (Montreal,
Quebec, New York and
Austin offices), with a team
comprised of David Lemieux, Michèle
Friel, omas Nichols and Josh White
(Banking) and Miguel Manzano (Real
Estate) in Montreal, Mélissa Devost (En-
vironment) in Quebec, Sean Corrigan
(Banking) and Brian Devine (Shipping) in
New York and Amy Mitchell (Real Estate)
in Austin.
Investissement Québec was represented
by Gowling WLG, with a team led by
Marie-France Béland (Project Finance)
and that included Émilie Clairoux, Ingrid
Anton and Robert Dorion.
Caisse de dépôt et placement du Québec
was represented by Fasken Martineau
DuMoulin LLP with a team led by Con-
stantinos Ragas and Félix Gutierrez.
Beaudier Inc. was represented by Nor-
ton Rose Fulbright Canada LLP with
a team comprised of Nicolas Labrecque,
Martin ériault, Vincent Filiatrault and
Rachel Lesmerises.
ZYMEWORKS COMPLETES
PUBLIC OFFERING
FOR APPROXIMATELY
US$201.3 MILLION
CLOSING DATE: JUNE 24, 2019
On June 24, 2019, Zymeworks Inc. ("Zyme-
works" or the "Company") closed its under-
written public offering (the "Offering") of
7,013,892 common shares, including the
exercise in full of the underwriters' over-al-
lotment option to purchase 1,458,336 addi-
tional shares, and, in lieu of common shares,
to a certain investor, pre-funded warrants to
purchase up to 4,166,690 common shares.
e common shares were offered at a price
to the public of US$18 per common share
and the pre-funded warrants were offered
at a price of US$17.9999 per pre-funded
warrant, for aggregate gross proceeds to
the Company of approximately US$201.3
million, before deducting underwriting
discounts and commissions and estimated
Offering expenses.
J.P. Morgan Securities LLC acted as ac-
tive book-running manager for the Offer-
ing. Wells Fargo Securities, LLC and Stifel,
Nicolaus & Company, Incorporated acted
as passive book-running managers, Ray-
mond James Ltd. acted as co-lead manager
and Ladenburg almann & Co. Inc. act-
ed as co-manager.
Daniel Dex (Senior Director, Legal)
and Catherine Graham (Director, Legal)
acted as Canadian internal counsel for
Zymeworks. Blake Cassels & Graydon
LLP acted as Canadian external counsel
for Zymeworks, with a team led by Joseph
Garcia that included Jamie Kariya, Kevin
Zimka, Daniel Cherniak and Kristen Ball.
Zymeworks' U.S. counsel was Skad-
den Arps Slate Meagher & Flom LLP,
with a team consisting of Riccardo A.
Leofanti, Maia C. Bessemer, Misola Iji-
dakinro and omas Daechsel (Capital
Markets); Eric Sensenbrenner, Rob Ste-
venson and Jeff Romero (Tax); Oren Ep-
stein and Christine McLellan (IP); and
Avia Dunn (Regulatory).
e underwriters were represented in
the U.S. by Cooley LLP, with a securities
team that included Char-
lie Kim, David Peins-
ipp, Kristin VanderPas,
Denny Won, Alex Davis
and Zackory Burns; and
in Canada by McCarthy
Tétrault LLP, with a
