Smitheman, Neal J.
Fasken Martineau
DuMoulin LLP
(416) 868-3441
nsmitheman@fasken.com
Mr. Smitheman's civil and
criminal litigation practice
includes representation in
white-collar crimes, and
under the Corruption of For-
eign Public Officials Act, Com-
petition Act, Environmental
Protection Act and
the OHSA.
Spector, Charles R.
Dentons Canada LLP
(514) 878-8847
charles.spector@dentons.com
Mr. Spector's wide-ranging
transactional practice
includes a focus on energy
and oil & gas. His expertise
embraces public and private
corporate and project finan-
cing, including private power
project financing; M&A;
and corporate governance.
Spitznagel, QC, Perry
Bennett Jones LLP
(403) 298-3153
spitznagelp@bennettjones.com
Mr. Spitznagel is Vice Chair-
man of Bennett Jones, Cal-
gary Managing Partner and
a member of its Partnership
Board, and has a transactional
and advisory practice focus-
ing primarily on mergers
and acquisitions and
corporate governance.
Soulard, Pierre L.
Miller omson LLP
(416) 596-2127
psoulard@millerthomson.com
Mr. Soulard primarily prac-
tices in the areas of securities,
corporate finance and mer-
gers & acquisitions. His ex-
pertise includes advising on
public and private financings,
mergers and acquisitions
transactions and corporate
governance matters.
Spencer, David A.
Bennett Jones LLP
(403) 298-2054
spencerd@bennettjones.com
Mr. Spencer's practice fo-
cuses on M&A and corpor-
ate finance. Representative
experience includes acting
for Repsol in its acquisition of
Talisman for $15 billion and
for Flint Energy in its acquisi-
tion by URS for $1.2 billion.
Stefaniuk, John D.
ompson Dorfman
Sweatman LLP
(204) 934-2597
jds@tdslaw.com
Mr. Stefaniuk has a broad
practice in natural resource,
energy and environmental
law and project development
with particular experience
in wind power, hydroelectric,
P3 and mine development
and reclamation,
including negotiation
with First Nations.
Canadian counsel, with a team led by Kev-
in Johnson, QC (corporate finance and
securities), and including Don Tse (cor-
porate finance and securities), Kathleen
Cowick (corporate finance and securities)
and Saptarshi Chakraborty (corporate
finance and securities), and Dion Legge
(tax), and by Shearman & Sterling LLP,
as US counsel, with a team led by Jason
Lehner (capital markets), and including
Larry Crouch (tax), Kevin Roggow (capi-
tal markets), Jason Pratt (environmental),
Bilal Choksi (capital markets) and Joanna
Enns (capital markets).
Arcan Resources
completes $171.25M
debt for equity exchange
CLOSING DATE: FEBRUARY 13, 2015
Arcan Resources Ltd. (Arcan), a corpora-
tion principally engaged in the exploration,
development and acquisition of oil and nat-
ural gas in Western Canada, completed an
exchange of its $171.25 million convertible
unsecured subordinated debentures into
common shares of Arcan.
e exchange was approved at a meeting
of its debentureholders and structured as
the result of a transaction settled between
Arcan and an ad hoc committee of its de-
bentureholders.
Arcan was advised by Blake, Cassels &
Graydon LLP with a team that included
Michael Laffin, Dan McLeod, Jennifer
Marshall, Nav Dhaliwal and Nathan Robb
(corporate and M&A), and Carrie Aiken
and Corinne MacCarthy (tax), and on US
matters by Troutman Sanders LLP with
a team that included Shona Smith (securi-
ties) and Amie Broder (tax).
e ad hoc committee of debenturehold-
ers were advised by a Goodmans LLP team
that included Rob Chadwick, Melaney
Wagner and Ryan Baulke (corporate re-
structuring ), Tim Heeney (securities), and
Carrie Smit and Michael Royal (tax).
North West Redwater
Partnership completes
$1B bond offering
CLOSING DATE: FEBRUARY 23, 2015
On February 23, 2015, North West Redwa-
ter Partnership and NWR Financing Com-
pany Ltd., as co-issuers, issued $500 million
of 2.10 per cent Series C Senior Secured
Bonds, due February 23, 2022, and $500
million of 3.70 per cent Series D Senior
Secured Bonds, due February 23, 2043, for
aggregate gross proceeds of $1.0 billion.
e offering was made through a syndi-
cate of agents co-led by RBC Dominion
Securities Inc. and Scotia Capital Inc., and
including CIBC World Markets Inc., J.P.
Morgan Securities Canada Inc., BMO Nes-
bitt Burns Inc., Merrill Lynch Canada Inc.,
Barclays Capital Canada Inc., TD Securi-
ties Inc., Citigroup Global Markets Canada
Inc., BNP Paribas (Canada) Securities Inc.,
RBS Capital Markets (Canada) Limited,
Desjardins Securities Inc., National Bank
Financial Inc., AltaCorp Capital Inc. and
Casgrain & Company Limited.
North West Redwater Partnership was
represented in Canada by Bennett Jones
LLP with a team led by Darrell Peterson
(corporate and securities) and Phil Back-
man (financial services), which included
Matthew Olson and Tessa Guenther (cor-
porate and securities).
e agents were represented by Blake,
Cassels & Graydon LLP with a team led
by Tim Andison (corporate and securities)
and Michael McIntosh (financial services),
which included Gordon McKenna, Joe Zed
(corporate and securities) and Andrew Kol-
ody (financial services).
Gaz Métro increases
its credit facility to $800M
CLOSING DATE: JANUARY 28, 2015
Gaz Métro inc. (GMi) entered into an
agreement with the lending syndicate to in-
crease its credit facility to $800 million and
extend its maturity date to March 2, 2020.
Proceeds from the credit facility will be
loaned by GMi to Gaz Métro Limited Part-
nership (Gaz Métro). GMi mainly holds an
economic interest of approximately 71 per
cent in Gaz Métro, for which it acts as the
BIG DEALS
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