WWW.LEXPERT.CA
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2016
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LEXPERT 29
Newland, Helen T. Dentons Canada LLP
(416) 863-4471 helen.newland@dentons.com
Ms. Newland has over 25 years of experience as an energy lawyer in both
public and private sectors, including four years as counsel to the National
Energy Board. She acts as counsel to energy project developers and for
lenders to and purchasers of power plant projects. She acts as counsel
to a natural gas distributor & electricity distributors on rate applications
and regulatory compliance issues.
Munro, Shawn M. Bennett Jones LLP
(403) 298-3481 munros@bennettjones.com
Mr. Munro assists clients with securing regulatory approvals for energy
developments, including major oil, gas and power projects. He appears
before energy, utility and environmental tribunals across Canada. He
acts on Aboriginal issues, surface rights acquisitions and environmental
prosecutions. He is national co-chair of Bennett Jones's Environmental
Group and past chair of its Aboriginal Group.
Muggah, Sean A. Borden Ladner Gervais LLP
(604) 640-4020 smuggah@blg.com
Mr. Muggah practises corporate and commercial law, and represents
and advises clients on a wide variety of infrastructure projects, energy
transactions, acquisitions, mergers and divestitures and corporate
reorganizations across Canada.
Moore, J. Alexander Davies Ward Phillips
& Vineberg LLP (416) 863-5570 amoore@dwpv.com
Mr. Moore practises corporate law with an emphasis on mergers and
acquisitions, corporate finance, proxy contests and contested transactions.
He has experience advising on transactions in Ontario's electricity industry
and Canadian oil & gas M&A. He is currently advising FortisOntario on its
investment in the Wataynikaneyap transmission line in Northwestern Ontario.
Mondrow, Ian A. Gowling WLG
(416) 369-4670 ian.mondrow@gowlingwlg.com
Mr. Mondrow practises natural gas and electricity regulation and policy law.
He represents utilities, customers and energy services providers in rate,
policy, facilities, licencing and compliance matters, in both wholesale
and retail energy markets.
Mohamed, Munaf Bennett Jones LLP
(403) 298-4456 mohamedm@bennettjones.com
Mr. Mohamed maintains a national litigation practice and regularly appears
as counsel across the country. He has extensive experience in civil fraud,
international asset recovery claims, energy-related disputes and bank-related
litigation. In the energy arena, Mr. Mohamed has prosecuted and defended
numerous disputes involving exploration, production, gathering, processing,
pipelines and pricing.
LEXPERT-RANKED LAWYERS
capital, and that also ensured Trans-
Canada maintained its high-quality
credit ratings. is led to the devel-
opment of separate but inter-related
principal financing sources, being a
planned equity offering and bridge
term loan credit facilities, which col-
lectively had to provide certainty of
funding for the full US$10.3-billion
purchase price of the acquisition.
Each of these financing pieces would
ultimately prove to be one of the larg-
est ever undertaken by a Canadian is-
suer, and together they represented a
market-defining financing structure
in support of an M&A transaction
by a Canadian issuer.
TransCanada has deep transac-
tion execution expertise in both the
public capital markets and in the cor-
porate lending market. ... As a result,
TransCanada had a highly experi-
enced internal deal team drawn from
its finance and legal groups who led
all internal work, and directed and
worked with their regular external
securities and banking counsel —
Blake, Cassels & Graydon LLP in
Canada and Mayer Brown LLP in
the US — to undertake the necessary
preparations for the contemplated
financing transactions. ese out-
side counsel were brought into the
focused internal deal team in early
February to assist the TransCanada
team in designing, negotiating and
documenting arrangements for both the equity
raise and the bridge loan. Norton Rose, as Cana-
dian securities and banking counsel to the under-
writers and bank lenders, and Paul Weiss, as US se-
curities counsel to the underwriters, were brought
in shortly thereaer.
LEXPERT: With over a dozen financial institutions
participating in Canada and the United States, is
this the kind of deal that requires a large multina-
tional firm?
Deal Team: e securities counsel involved in this
transaction were Blakes and Mayer Brown, acting
for TransCanada in Canada and the US, respec-
tively, and Norton Rose and Paul, Weiss, acting
for the underwriters in Canada and the US, re-
spectively. Blakes also acted as Canadian counsel
for TransCanada in respect of the bridge term loan
credit facilities, and Norton Rose acted as Canadi-
an counsel for the bank lenders in connection with
such facilities. However, as the governing law for
all financing transaction documents was Alberta
law, and the equity offering involved the filing of