24 LEXPERT MAGAZINE
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SEPTEMBER
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OCTOBER 2018
BIG DEALS
and Arturas Jakubovskis.
Fasken Martineau DuMoulin LLP acted for AEX with a team
that included Iain Mant, Martin Ferreira Pinho and Gosia Pias-
ecka (corporate), Mike Coburn (tax), Tracey Cohen (litigation) and
Karam Bayrakal (IP).
McCarthy Tétrault LLP acted for certain management share-
holders of AEX, with a team that included Ted Koffman, Bosa Ko-
soric, and Monique Ronning.
CHORUS AVIATION COMPLETES
$100M BOUGHT DEAL OFFERING
CLOSING DATE: MARCH 13, 2018
Chorus Aviation has completed its previously announced bought
deal public offering of 11,628,000 common shares of Chorus, which,
for greater certainty, means for Canadian investors, Class B Voting
Shares of Chorus, and for non-Canadian investors, Class A Variable
Voting Shares of Chorus (collectively, the Shares) at $8.60 per Share
for gross proceeds $100,000,800.
RBC Capital Markets and CIBC Capital Markets acted as joint
bookrunners for the offering with a syndicate that included Scotia
Capital Inc., National Bank Financial Inc., TD Securities Inc., Cor-
mark Securities Inc., Canaccord Genuity Corp. and Paradigm Capi-
tal Inc. e underwriters have the option to purchase up to an addi-
tional 1,744,200 Shares at $8.60 per Share to cover over-allotments,
if any, and for market stabilization purposes, during the 30 days fol-
lowing the closing of the offering (the Over-Allotment Option). e
exercise of the Over-Allotment Option may result in additional gross
proceeds of up to $15,000,120.
e net proceeds of the offering will be used to fund the growth of
Chorus Aviation Capital, Chorus' aircra leasing business, including
the acquisition of aircra intended for or currently on lease to third
parties, as well as for working capital requirements and other general
corporate purposes.
Osler, Hoskin & Harcourt LLP was counsel to Chorus with a
team led by Chris Murray, Alex Gorka and Blake Binions (corporate).
Bennett Jones LLP acted for the syndicate of underwriters led by
RBC Capital Markets, with a team including John Piasta, Kahlan
Mills and Hind Masri.
INTERRENT REIT COMPLETES
$98M BOUGHT DEAL FINANCING
CLOSING DATE: MARCH 28, 2018
On March 28, 2018, InterRent REIT (InterRent) successfully com-
pleted a $97,848,900 public offering, made on a bought deal basis.
InterRent distributed 10,005,000 trust units, issued at $9.78 per unit
though a syndicate of underwriters.
e syndicate consisted of Desjardins Capital Markets, and BMO
Nesbitt Burns Inc., as co-lead underwriters, and included RBC Do-
minion Securities Inc., Scotia Capital Inc., TD Securities Inc., Canac-
cord Genuity Corp., CIBC World Markets Inc., Industrial Alliance
Securities Inc., National Bank Financial Inc., Raymond James Ltd.,
Echelon Wealth Partners Inc. and GMP Securities L.P.
InterRent is a growth-oriented real estate investment trust engaged
in increasing Unitholder value and creating a growing and sustainable
distribution through the acquisition and ownership of multi-residen-
tial properties.
Gowling WLG (Canada) LLP represented InterRent REIT with
a team that included Michael Clancy, Bryce Kraeker and Radhika
Vaidyanathan. Harris Beach, PLLC represented InterRent REIT
on US securities law matters.
Norton Rose Fulbright Canada LLP represented the syndicate
with a team that consisted of Evelyn Li, Seemal Patel and Rob Cor-
beil (Canadian securities), Peter Wiazowski (US securities), Adrienne
Oliver and Hennadiy Kutsenko (tax) and Oliver Moore (real estate).
Consumer Services Energy & Power Pipelines
Aerospace & Defence Automotive Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
REFRESCO GROUP N.V.
ACQUIRES BOTTLING
BUSINESS OF COTT CORP.
CLOSING DATE: JANUARY 30, 2018
On January 30, 2018, Refresco Group N.V. (Euronext:RFRG)
completed its US$1.25-billion cash acquisition of Cott Corp.'s
(NYSE:COT; TSX:BCB) bottling activities (Cott Beverages). e
transaction was announced in July 2017.
Refresco Group N.V. (Refresco) is now the world's largest indepen-
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