LEXPERT MAGAZINE
|
SEPTEMBER
/
OCTOBER 2018 27
Jonathan Ross (corporate), Diarmuid Ryan
(antitrust) and Tom Telford (banking) and
included Andrew Sprake (real estate), Eliza-
beth Graham (pensions), Nathan Bentley
and Dhruv Chhatralia (corporate), Nicola
Elam and Erling Estellon (antitrust) and
Andrea Unwin (banking).
White & Case LLP acted as counsel to
the creditors, JP Morgan, BNP Paribas, Ra-
bobank and ABN Amro on the US$2.03-
billion term loan B for the acquisition.
Oil & Gas Oil & Gas
MORGAN STANLEY ENERGY
PARTNERS COMPLETES
INVESTMENT IN SPECIALIZED
DESANDERS INC.
CLOSING DATE: MARCH 20, 2018
On March 20, 2018, investment funds man-
aged by Morgan Stanley Energy Partners
(collectively, MSEP) completed an invest-
ment in Specialized Desanders Inc. (SDI),
an oilfield equipment and services company.
Bennett Jones LLP was Canadian coun-
sel to Morgan Stanley Energy Partners with
a team including Don Greenfield, Darcy
Moch, Anu Nijhawan, James McClary,
Christine Plante, Irene Bridger, Patrick
Brennan, Jeremy Russell, Sebastien Gittens,
Bradley Eidsness, Josh Scheinert and Tay-
lor Davis. Vinson & Elkins LLP was US
counsel to Morgan Stanley Energy Partners
with a team including Caroline Blitzer Phil-
lips, David Peck, Matthew Falcone, Noelle
Alix, Connor Long, Reese O'Connor and
Ximena Kuri. Maples and Calder was
Cayman Islands counsel to Morgan Stan-
ley Energy Partners with a team including
Jonathon Meloy and Jeremy Bomford.
Ta Stettinius & Hollister LLP was
US counsel to SDI HoldCo LLP and other
equity holders with a team including Rob-
ert Hicks, Lonnie Johnson, Ralph Caruso
and Kira Johnson. McMillan LLP was
Canadian counsel to SDI HoldCo LLP and
other equity holders, with a team including
John Clifford, Todd Miller, Andrew Stir-
ling and Kourtney Reylands.
Cassels Brock & Blackwell LLP was
counsel to a syndicate of Lenders, led by e
Toronto-Dominion Bank and including
Royal Bank of Canada, e Bank of Nova
Scotia and HSBC Bank Canada, with a
team including Kenton Rein, Douglas
Richardson, Mike Tallim and Sam Massie.
Mayer Brown LLP was US counsel to the
Lenders, with a team including Fred Fisher,
Christopher Chubb, Kevin Sheridan Jr.,
Monica Steinberg and Steven Garden.
Miles Davison LLP was counsel to
Management.
Pipelines
Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
SNC-LAVALIN COMPLETES
THE TRANSFER OF FIFTH
CANADIAN ASSET INTO
ITS INFRASTRUCTURE
INVESTMENT VEHICLE
CLOSING DATE: JUNE 28, 2018
On June 28, 2018, SNC-Lavalin's infra-
structure investment fund, SNC-Lavalin
Infrastructure Partners LP (the Fund), com-
pleted the previously announced transfer of
a fih Canadian infrastructure asset, the
McGill University Health Centre in Mon-
tréal. is second transfer was completed
for a total consideration of approximately
$115 million, funded through the subscrip-
tion of LP units by each of the partners of
the Fund, BBGI SICAV S.A. (through a
Canadian subsidiary) and SNC-Lavalin.
e Fund's initial transfer of the first four
Canadian infrastructure projects was com-
pleted on September 28, 2017. at transfer
included projects in three provinces.
SNC-Lavalin was represented in-house
by Louis Fleurent, Vice-President, Legal
Affairs, Capital, and by Aron Halpern, Di-
rector, Commercial & Legal Affairs, Capi-
tal. Norton Rose Fulbright Canada LLP
acted as counsel to SNC-Lavalin and to the
Fund through its office in Montréal. Nor-
ton Rose Fulbright's team was led by Elliot
Shapiro and included David Crandall, Ra-
chel Lesmerises, Derek Chiasson and Ric-
cardo Lento.
McMillan LLP acted as counsel to
BBGI, with a team that was led by Candy
Saga and included John Clifford, Dharam-
preet Dhillon, Michael Friedman and Béa-
trice Méthé.
Telecommunications Telecommunications Telecommunications
TELUS CORP. CLOSES
US$750M DEBT OFFERING
CLOSING DATE: JUNE 12, 2018
On June 12, 2018, TELUS Corp. complet-
ed an offering of US$750 million of senior
unsecured 4.600% 30-year notes, maturing
on November 16, 2048 (the Notes). e
Notes were offered through a syndicate of
underwriters led by Merrill Lynch, Pierce,
Fenner & Smith Incorporated, RBC Capi-
tal Markets, LLC, TD Securities (USA)
LLC, and Wells Fargo Securities, LLC.
TELUS was represented in-house by An-
drea Wood, Chief Legal Officer, Christo-
pher Main, Associate General Counsel and
Assistant Corporate Secretary, and Dennis
Wong, Associate General Counsel and in
Canada by Norton Rose Fulbright Can-
ada LLP with a team that included Pierre
Dagenais, Seemal Patel, and Sean William-
son (corporate and securities) and Adrienne
Oliver and Riley Burr (tax).
Paul, Weiss, Riind, Wharton &
Garrison LLP represented TELUS in the
US with a team that included Andrew Fol-
ey, Ronnie Ollo and Diana Berbece (corpo-
rate and securities), and David Sicular and
David Snyder (tax).
e syndicate for the offering was repre-
sented in Canada and in the US by Osler,
Hoskin & Harcourt LLP with a team that
included Michael Innes and Arlene Mack
(Canadian corporate and securities), Rob
Lando and Jie Chai (US securities), Tim
Hughes (Canadian tax) and Paul Seraga-
nian (US tax).
CORRECTIONS
In the "Big Deals" entry "Innergex Renew-
able Energy acquires Alterra Power Corp.
for $1.1B" (May 2018, p. 17), the team
from Troutman Sanders LLP was omit-
ted. Troutman Sanders was US counsel to
Alterra Power Corp. in that transaction.
e description is reprinted in this issue
on p. 21.
In the "New Toronto Courthouse Pro-
ject" ( July/August 2018, p. 21), Christo-
pher Zawadzki's name was omitted from
the description.
Chris Zawadzki of McCarthy Tétrault
LLP advised the Ministry of the Attorney
General and Infrastructure Ontario on fi-
nancing matters. Zawadzki is an associate
at the firm.
Lexpert sincerely regrets and apologizes
for these omissions.
|
CORPORATE TRANSACTIONS OF IMPORTANCE
|
