28 LEXPERT MAGAZINE
|
SEPTEMBER 2017
BIG DEALS
(corporate), and David Weekes and Julie
D'Avignon (tax) of Stikeman Elliott LLP.
e underwriters were represented by
Ross Bentley, Daniel McLeod, Trevor Row-
les, Nav Dhaliwal, Sarah Hammond, An-
drew Goldie, Kathleen Cloutier (securities),
and Carrie Aiken and Dan Jankovic (tax) of
Blake, Cassels & Graydon LLP.
Utilities Financials Health Research
Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
PROVINCE OF ALBERTA
COMPLETES $700M SEVENTH
RE-OPENING BOND OFFERING
CLOSING DATE: APRIL 3, 2017
On April 3, 2017, the Province of Alberta
completed a seventh re-opening of the of-
fering of series DL 3.30 per cent bonds due
December 1, 2046, initially completed Sep-
tember 14, 2015, for an additional principal
amount of $700 million.
e seventh re-opening of the offering
was completed by a syndicate of underwrit-
ers led by CIBC World Markets Inc., BMO
Nesbitt Burns Inc., National Bank Financial
Inc., RBC Dominion Securities Inc., Scotia
Capital Inc., and e Toronto-Dominion
Bank, and including, Desjardins Securities
Inc., Casgrain & Company Limited, HSBC
Securities (Canada) Inc., Laurentian Bank
Securities Inc., Merrill Lynch Canada Inc.,
and Canaccord Genuity Group Inc.
e Province of Alberta was represented
by Michael Gluckman, Christopher Ont-
kean and Margaret Mansell of Alberta Jus-
tice and Solicitor General.
e underwriters were represented by Jon
Truswell and Jordan Primeau of Bennett
Jones LLP.
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
CANADA HOUSING
TRUST NO. 1 COMPLETES
$5.5B PUBLIC OFFERING
CLOSING DATE: FEBRUARY 23, 2017
On February 23, 2017, Canada Housing
Trust No. 1 completed a two-tranche debt fi-
nancing consisting of the issuance of Floating
Rate Canada Mortgage Bonds, Series 75 (Re-
Opening), in an aggregate principal amount
of $3 billion and 2.35-per-cent Mortgage
Bonds, Series 77, in an aggregate principal
amount of $2.5 million for a combined total
of $5.5 billion of Canada Mortgage Bonds,
which were provided with Canada's sover-
eign guarantee through Canada Mortgage
and Housing Corp. (CMHC).
CMHC was represented in-house by
Reem Hindieh and Audrey Chauvin, who
were assisted by Borden Ladner Gervais
LLP, counsel to CMHC and special coun-
sel to the trust, with a team that included
Rosalind Morrow, Sienne Lam and Colin
Cameron-Vendrig (corporate and securities),
Stephen Redican, Gus Karantzoulis, Han-
nah Dutch, Evita Ferreira and Samantha
Tom (banking and financial services) and
Craig Webster (tax) in Toronto, and Johanne
omas (civil) in Montréal.
In the United States, CMHC and the
trust were represented by John Donovan,
