LEXPERT MAGAZINE
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JULY/AUGUST 2016 33
$27.11 per share for gross proceeds to Tour-
maline of $280,588,500, which included
the full exercise of an over-allotment option
granted to the underwriters.
e offering was completed pursuant a
short form prospectus through a syndicate
of underwriters led by Peters & Co. Limited,
and included FirstEnergy Capital Corp.,
Scotia Capital Inc., National Bank Finan-
cial Inc., CIBC World Markets Inc., RBC
Dominion Securities Inc., TD Securities
Inc., BMO Nesbitt Burns Inc. and Raymond
James Ltd.
Tourmaline was represented in Canada
by corporate counsel Scott Kirker and by
Burnet, Duckworth & Palmer LLP with
a team that included William Maslechko,
James Kidd and Jessica Brown. Dan Miller
of Dorsey & Whitney LLP provided US
securities law advice to Tourmaline.
e underwriters were represented in
Canada by Blake, Cassels & Graydon LLP,
with a team that included Daniel McLeod,
Olga Kary and Sarah Hammond. Chris-
topher Cummings, Christian Kurtz and
Aaron Abramson at Paul, Weiss, Riind,
Wharton & Garrison LLP provided US se-
curities law advice to the underwriters.
Consumer Goods Consumer Goods Consumer Goods
SPIN MASTER COMPLETES
$130M FINANCING
AND SECONDARY OFFERING
CLOSING DATE: JUNE 6, 2016
Spin Master Corp. (Spin Master) completed
a public offering of 4,900,000 subordinate
voting shares at a price of $26.60 per subor-
dinate voting share. e offering included a
treasury offering of 2,450,000 subordinate
voting shares by Spin Master for gross pro-
ceeds of approximately $65 million and a
secondary offering of 2,450,000 subordi-
nate voting shares, indirectly, beneficially
owned by the founders of Spin Master (the
Selling Shareholders) for gross proceeds of
approximately $65 million. e offering was
made through an underwriting group co-led
by RBC Capital Markets and TD Securi-
ties Inc., and which included BMO Nesbitt
Burns Inc., CIBC World Markets Inc., Na-
tional Bank Financial Inc., HSBC Securities
(Canada) Inc. and Cormark Securities Inc.
Spin Master was represented internally by
Christopher Harrs (Executive Vice President
and General Counsel, Corporate Secretary).
Blake, Cassels & Graydon LLP acted as
Canadian counsel to Spin Master, with a
team that included Frank Arnone, Matthew
Merkley, Alison Desipio and Jeremy Ozier
(securities) and Jeffrey Shafer (tax). Skad-
den, Arps, Slate, Meagher & Flom LLP
acted as US counsel to Spin Master with a
team that included Riccardo Leofanti and
Ryan Hickey (corporate).
Torkin Manes LLP acted as Canadian
counsel to the Selling Shareholders, and was
led by Andrew Wilder (corporate/securities)
and Catherine Nicholson (tax).
e syndicate of underwriters was repre-
sented by Torys LLP on Canadian and US
matters, with a team that included Kevin
Morris, Alison Harnick, Laura Sigurdson
and Brett Saulnier (Canadian securities) and
Andrew Beck (US securities).
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