LEXPERT MAGAZINE
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APRIL 2016 29
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CORPORATE TRANSACTIONS OF IMPORTANCE
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FRANCO-NEVADA COMPLETES
US$920 MILLION BOUGHT
DEAL FINANCING
CLOSING DATE: FEBRUARY 19, 2016
On February 19, 2016, Franco-Nevada
Corporation (Franco-Nevada) completed a
cross-border public offering of 19,228,000
common shares, including the exercise in full
by the underwriters of the over-allotment
option, at a price of US$47.85 per offered
share for aggregate gross proceeds to Franco-
Nevada of approximately US$920 million.
e offering was underwritten, on a
bought deal basis, by a syndicate of under-
writers co-led by BMO Capital Markets,
CIBC Capital Markets, RBC Capital Mar-
kets, and Scotiabank and which included
TD Securities Inc., Credit Suisse Securities
(Canada), Inc., GMP Securities L.P., Merrill
Lynch Canada Inc., National Bank Financial
Inc., Barclays Capital Canada Inc., Paradigm
Capital Inc., Raymond James Ltd., Canac-
cord Genuity Corp., Dundee Securities Ltd.
and Macquarie Capital Markets Canada Ltd.
Franco-Nevada plans to use the net pro-
ceeds of the offering primarily to fund its
acquisition of a precious metals stream
with respect to production from Glencore
Plc's Antapaccay mine located in Peru. e
balance of the net proceeds will be added
to the working capital of the company and
used for further investments, other gen-
eral corporate purposes, and/or used to pay
down its credit facility.
Franco-Nevada Corporation was repre-
sented by an in-house team of Lloyd Hong,
Chief Legal Officer and Corporate Secretary
and Christian atcher, Legal Counsel. Mi-
chael Amm, Mile Kurta, Robbie Leibel, Pe-
ter Danner, Braden Jebson, Erin Wiley and
Alice Lin (corporate/securities) and David
Mattingly and Craig Maurice (tax) from To-
rys LLP provided external support.
e underwriters were represented in
Canada by Jay Kellerman, Timothy McCor-
mick, Ryan Kirvan, Aaron Sigal and Rachel
Wasserman (corporate) and Jonathan Will-
son and Katy Pitch (tax) from Stikeman El-
liott LLP.
e underwriters were represented in
the United States by Adam Givertz, Ste-
phen Centa, Rebecca Vasluianu and Aaron
Abramson (corporate) and David Sicular and
Amir Cooper (tax) from Paul, Weiss, Rif-
kind, Wharton & Garrison LLP.
TRIGO GROUP ACQUIRES
PIC GROUP
CLOSING DATE: OCTOBER 29, 2015
Trigo Group (the Group) and its shareholders,
including IK Investment Partners, acquired
e PIC Group for an undisclosed amount.
Founded in 1997, Trigo is a multinational
company headquartered in Paris, France,
providing quality management solutions for
the manufacturing sector, particularly with-
in transportation industries. Trigo offers a
comprehensive portfolio of quality inspec-
Platinum Sponsor
Presented by
Silver Sponsor Bronze Sponsor
Hosted in Partnership With
Date: Sept. 8, 2016
Location: Arcadian Court, Toronto
6 p.m. Cocktail Reception
7 p.m. Gala Dinner and Awards Presentation
Emcee: Gail J. Cohen, Editor in Chief,
Canadian Lawyer/Law Times
Dress: Business Attire
Innovation. It's in our DN
The Canadian Lawyer InHouse Innovatio Awards celebrate in-house counsel, both individuals and
teams, who have found ways to show leadership by becoming more efficient, innovative and
creative in meeting the needs of their organizations within the Canadian legal market.
innovatio-awards.com
Bronze Sponsor
CLII2266-16 innovatio LT 6.85x4.75.indd 1 2016-03-10 11:46 AM
