|Date Announced:||February 23, 2015|
|Date Closed:||February 23, 2015|
|Client Name:||North West Redwater Partnership|
On February 23, 2015, North West Redwater Partnership and NWR Financing Company Ltd., as co-issuers, issued $500 million of 2.10% Series C Senior Secured Bonds, due February 23, 2022 and $500 million of 3.70% Series D Senior Secured Bonds, due February 23, 2043 for aggregate gross proceeds of $1.0 billion.
The offering was made through a syndicate of agents co-led by RBC Dominion Securities Inc. and Scotia Capital Inc. and including CIBC World Markets Inc., J.P. Morgan Securities Canada Inc., BMO Nesbitt Burns Inc., Merrill Lynch Canada Inc., Barclays Capital Canada Inc., TD Securities Inc., Citigroup Global Markets Canada Inc., BNP Paribas (Canada) Securities Inc., RBS Capital Markets (Canada) Limited, Desjardins Securities Inc., National Bank Financial Inc., AltaCorp Capital Inc. and Casgrain & Company Limited.
North West Redwater Partnership was represented in Canada by Bennett Jones LLP with a team led by Darrell Peterson (corporate and securities) and Phil Backman (financial services), which included Matthew Olson and Tessa Guenther (corporate and securities).