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TRANSCANADA TRUST CLOSES
HYBRID TRUST NOTE OFFERING
CLOSING DATE: AUGUST 11, 2016
On August 11, 2016, TransCanada Trust closed its public offering in
the United States of Hybrid Trust Notes due 2076 for aggregate gross
proceeds of US$1.2 billion.
e notes are guaranteed on a subordinated basis by TransCanada
PipeLines Limited ("TCPL"). e notes provide TCPL with a cost-
effective means of raising capital, which qualifies for Basket "C" eq-
uity treatment by Moody's Investors Service, Inc., and for "Intermedi-
ate Equity Credit" by Standard & Poors Ratings Services. Deutsche
Bank Securities Inc., J.P. Morgan Securities LLC, HSBC Securities
(USA) Inc., Credit Suisse Securities (USA) LLC, Citigroup Global
Markets Inc., Mizuho Securities USA Inc., MUFG Securities Ameri-
cas Inc., Credit Agricole Securities (USA) Inc., Merrill Lynch, Pierce,
Fenner & Smith Inc., SMBC Nikko Securities America, Inc., Bar-
clays Capital Inc. and Wells Fargo Securities, LLC acted as under-
writers in respect of this offering.
TransCanada was represented by its in-house counsel Lisa Grams,
Tara Shaw and Kelly Galloway (corporate/securities) and Glyn Me-
nard (taxation). TransCanada was represented externally by Mayer
Brown LLP with a team led by Michael Hermsen.
On Canadian corporate and securities matters, TransCanada was
represented by Blake, Cassels & Graydon LLP with a team includ-
ing Stephen Ashbourne, Ross Bentley, Brendan Reay, Jeff Bakker,
Michael Hickey, Trevor Rowles and Vladimir Cvijetinovic.
On Canadian tax matters, TransCanada was represented by Stike-
man Elliott LLP with a team including Douglas Richardson and
Julie D'Avignon.
On United States-related matters US matters, by a team at Mayer
Brown LLP including Michael Hermsen and James Lisak (corpo-
rate/securities), James Barry (tax) and Lennine Occhino and Eliza-
beth Dyer (ERISA).
e underwriters were represented on US matters by a team at
Paul, Weiss, Riind, Wharton & Garrison LLP including Chris-
topher Cummings, Stephen Centa and Ronnie Ollo (corporate/secu-
rities), William O'Brien (environmental law) and David Mayo (tax);
and on Canadian matters, by Norton Rose Fulbright Canada LLP
with a team including Don Tse and Jason Giborski (corporate/securi-
ties) and Dion Legge (tax).
NORTH AMERICAN LITHIUM ACQUIRES
QUÉBEC LITHIUM MINING ASSETS,
CLOSES RELATED FINANCING
CLOSING DATE: JULY 5, 2016
On July 5, 2016, North American Lithium Inc. completed its acquisi-
tion of substantially all of the assets of a Lithium Project located in
the municipality of La Corne, Québec, as well as certain other assets,
from KSV Kofman Inc., in its capacity as court-appointed receiver
of Québec Lithium Inc., RB Energy Inc. and Sirocco Mining Inc.
e Lithium Project was formally owned by Quebec Lithium Inc.,
a subsidiary of RB Energy Inc., a TSX-listed corporation which went
into receivership. e acquisition was financed in part by funding
provided by Investissement Québec. North American Lithium Inc.
is an indirect wholly owned subsidiary of Jilin Jien Nickel Industry
Co., Ltd., a leading Chinese mining company listed on the Shanghai
stock exchange.
North American Lithium Inc. was represented by Aust Legal Inc.,
with a team comprised of omas Laporte Aust and Andrew John-
ston (mergers and acquisitions). Stikeman Elliott LLP also acted as
counsel to North American Lithium Inc., with a team comprised of
Maxime Turcotte, Maxime Charbonneau, Olivier Godbout and Ju-
lien Robitaille-Rodriguez (mergers and acquisitions), Jean Fontaine
and Nathalie Nouvet (insolvency), Stefan Fews and Josée Lefebvre
(real estate), David Massé (mining), Michael Kilby and William Wu
(regulatory), Myriam Fortin (environment), Stephanie Weschler and
Stephanie Pasternyk (employment) and Maxime Jacquin (finance).
KSV Kofman Inc. was represented by Osler, Hoskin & Harcourt
LLP, with a team comprised of Martin Desrosiers, Julien Morissette
and Julien Hynes-Gagné (insolvency and restructuring), Antonella
Penta and Alexandre Martin (corporate), Jennifer Fairfax (environ-
ment), Shuli Rodal (regulatory), Antoine Stébenne (tax) and Con-
stantine Troulis and Nicole Cloutier (financing).
AUDAX COMPLETES SALE
OF LABORIE MEDICAL TECHNOLOGIES
CLOSING DATE: SEPTEMBER 16, 2016
On September 16, 2016, Audax Private Equity ("Audax"), together
with its co-investors and members of management of Laborie Medi-
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