24 LEXPERT MAGAZINE
|
NOVEMBER/DECEMBER 2016
BIG DEALS
David Mayo and Haiyun Zhao (tax).
Burnet, Duckworth & Palmer LLP
acted as underwriters' counsel for the equity
offering with a team that included Alyson
Goldman, Jessica Brown and Shanlee von
Vegesack (securities) and Kirk Lamb (tax),
and acted as counsel to Murphy in the Syn-
crude acquisition with a team led by Alicia
Quesnel and Carolyn Wright.
Davis Polk & Wardwell LLP acted as
the underwriters' US counsel for the eq-
uity offering and as the dealer managers' US
counsel in the note repurchase with a team
consisting of Byron Rooney, Julia Danforth
and Paul Connell.
E-Commerce Construction & Engineering
Consumer Staples
CITY OF WINNIPEG SOUTHWEST
RAPID TRANSITWAY (STAGE 2)
AND PEMBINA HIGHWAY
UNDERPASS PROJECT
REACHES FINANCIAL CLOSE
CLOSING DATE: JUNE 21, 2016
On June 21, 2016, the City of Winnipeg
signed a project agreement with Plenary
Roads Winnipeg Transitway LP to design,
build, finance, (operate) and maintain the
City of Winnipeg's Southwest Rapid Tran-
sitway (Stage 2) and Pembina Highway
Underpass project, with PCL Constructors
Canada Inc. providing construction services.
e $467-million project is Winnipeg's
fourth public-private partnership project.
e Southwest Rapid Transitway (Stage
2) and Pembina Highway Underpass project
comprise significant infrastructure compo-
nents in the southwest quadrant of the city.
ese components include the completion
of Stage 2 of the Southwest Transitway, the
addition of active transportation infrastruc-
Consumer Services Energy & Power Pipelines
Aerospace & Defence Automotive Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
PROVINCE OF ALBERTA
COMPLETES $1B FIRST
RE-OPENING BOND OFFERING
CLOSING DATE: AUGUST 11, 2016
On August 11, 2016, the Province of Alberta
completed a first re-opening of the offering
of series DM 2.20 per cent bonds due June 1,
2026, initially completed June 17, 2016, for
an additional principal amount of $1 billion.
e first re-opening of the offering was
completed by a syndicate of underwriters led
by RBC Dominion Securities Inc., CIBC
World Markets Inc., e Toronto-Domin-
ion Bank, BMO Nesbitt Burns Inc., Nation-
al Bank Financial Inc., and Scotia Capital
Inc., and including, Desjardins Securities
Inc., Casgrain & Company Limited, Merrill
Lynch Canada Inc., Laurentian Bank Securi-
ties Inc., HSBC Securities (Canada) Inc. and
Canaccord Genuity Group Inc.
e Province of Alberta was represented
by Michael Gluckman and Christopher
Ontkean of Alberta Justice.
e underwriters were represented by Jon
Truswell and Jordan Primeau of Bennett
Jones LLP.
CCL INDUSTRIES COMPLETES
US$500M NOTE OFFERING
CLOSING DATE: SEPTEMBER 20, 2016
On September 20, 2016, CCL Industries
Inc., a world leader in specialty label and
packaging solutions for global corporations,
small businesses and consumers, completed
a private placement offering of US$500 mil-
lion aggregate principal amount 3.25 per
cent notes due 2026. Merrill Lynch, Pierce,
ture, the renewal and expansion of the Pem-
bina Underpass as well as connections to the
University of Manitoba and Investors Group
Field. Construction on the project is sched-
uled to conclude by late 2019.
e City of Winnipeg's legal team was led
in-house by Lisa Rowswell, Solicitor, City
of Winnipeg Legal Services Department,
and included Krista Boryskavich, Wolfgang
Tiegs, Denise Pambrun, Samantha Murata
and Angela Czarnecki.
e City was supported by Blake, Cassels
& Graydon LLP with a team that was com-
posed of Judy Wilson, Marianne Smith, Ja-
son MacIntyre, eresa Chan, Alyssa Shivji,
Lisha Li and Stephanie Console.
Wells Peever, QC, of Aikins, MacAu-
lay & orvaldson LLP acted as Mani-
toba counsel to provide an independent legal
opinion on behalf of the City.
Plenary Roads Winnipeg Transitway LP
was represented by Davies Ward Phillips
& Vineberg LLP with a team that included
Robert Bauer, Steve Martin, Will Buchner,
Matthew Rosen and Alysha Virani, together
with British Columbia and Alberta counsel,
Gowling WLG, with a team that included
Peter Fairey, Matt Mitchell, Frank Sur and
Elizabeth Burton. Advice on matters related
to the law of Manitoba was provided by Scott
Ransom of Pitblado LLP.
PCL's legal team was led by Reynolds
Mirth Richards & Farmer LLP. e
RMRF team was composed of Donald
Lucky and Mark Hildebrand.
Financing for the project was provided by
way of a consortium of lenders represented
by Fasken Martineau DuMoulin LLP,
with a team that included Brian Kelsall, Ella
Plotkin, Marc Lefler, Sean Morley, Áine
O'Connor and Jon Holmstrom (hedging).
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