Recent Experience
The syndicate of underwriters, led by J.P. Morgan Securities LLC in the US$1.15-billion Algonquin Power & Utilities Corp.'s (APUC) underwritten marketed public offering of Equity Units.
A syndicate of agents co-led by CIBC World Markets Inc., in Algonquin Power Co.'s (a subsidiary in the Liberty Renewable Energy Group of Algonquin Power & Utilities Corp. (TSX: AQN)) sale of $400-million 2.85% senior unsecured debentures with a maturity date of July 15, 2031 (the "Liberty Power Debentures") pursuant to a private placement in Canada. The Liberty Power Debentures were offered at a price of C$999.92 per C$1,000 principal amount.
The syndicate of underwriters, led by J.P. Morgan Securities LLC in Liberty Utilities Co.'s offering of US$600 million of 2.050% Senior Notes.
Algonquin Power & Utilities Corp., led by a syndicate of agents, Scotia Capital Inc. and CIBC Capital Markets, in the bought-deal offering of common shares in the amount of $633-million and the concurrent financing of $350-million.
Stifel Nicolaus Canada Inc., leading the syndicate of underwriters in connection with Orla Mining Ltd.’s $75-million brokered bought deal of common shares.
Katanga Mining Limited, in its $7.6-billion rights offering financing backstopped by Glencore to fund debt repayment to Glencore.
A syndicate of agents, led by BofA Merrill Lynch, in Algonquin Power & Utilities Corp.’s public offering of US$350 million aggregate principal amount of 6.20% fixed-to-floating subordinated notes
Katanga Mining Limited, in the review by Katanga’s Independent Directors of certain of Katanga’s historical accounting practices, and in connection with the restatement of the Katanga’s previously filed financial statements arising from the review. Katanga is a publicly traded company whose majority shareholder is Glencore, one of the world’s largest mining companies.
Katanga Mining Limited, in the US$5.6 billion recapitalization plan initiated by its parent Glencore PLC, pursuant to which Katanga issued US$5.6 billion in equity to retire debt owed to its copper-cobalt joint venture partner, the Democratic Republic of Congo state-owned Gécamines, in order to resolve all disputes arising from an action brought by Gécamines in the DRC to dissolve joint venture operating company owned by Katanga (75%) and Gécamines (25%).
A syndicate of agents, led by BofA Merrill Lynch, in Algonquin Power & Utilities Corp.'s registered-fixed-to-floating subordinated notes southbound MJDS offering.
Algonquin Power Co., in completion of $300 million private placement offering of 4.09% senior unsecured debentures.
Ascendant Resources Inc., in its $19.5 million brokered private placement of subscription receipts through Dundee Capital Partners qualified by prospectus.
Ascendant Resources Inc., in its acquisition of the El Mochito Mine from Nyrstar N.V.
A syndicate of agents, led by GMP Securities L.P., in Orla Mining Ltd.'s $50 million brokered private placement of subscription receipts in conjunction with Orla's merger with Pershimco Resources Inc. by Plan of Arrangement
A syndicate of underwriters led by CIBC World Markets and Scotiabank, in a secondary sale by Emera Inc. on a "bought block trade" basis of 50.1 million common shares of Algonquin Power & Utilities Corp. for aggregate gross proceeds to Emera Inc. of Cdn.$544 million.
A syndicate of underwriters, co-led by CIBC World Markets Inc. and Scotia Capital Inc., in Algonquin Power and Utilities Corp.'s $1.15 billion offering of convertible debentures on an installment basis to partially.
The Special Committee of Silver Bullion Trust (SBT), in SBT's conversion to an Exchange Traded Fund (ETF) in partnership with Purpose Investments Inc.
BMO Capital Markets and CIBC World Markets, as co-lead underwriters of the $155 million initial public offering of TMAC Resources Inc.
The Special Committee of Central GoldTrust, in Sprott Asset Management's $1 billion hostile takeover bid for all the outstanding Units of Central GoldTrust
The Special Committee of Silver Bullion Trust, in Sprott Asset Management's $62 million hostile takeover bid for all the outstanding Units of Silver Bullion Trust
The Special Committee of Silver Bullion Trust, in the Trust's successful defense against a dissident unitholder meeting requisition and subsequent proxy contest.
The Special Committee of Central GoldTrust, in the Trust's successful defense against a dissident unitholder proposal and subsequent proxy contest.
A syndicate of agents, co-led by CIBC World Markets and BMO Capital Markets, in TMAC Resources Inc.'s $44 million private placement of common shares and flow-through common shares.
A syndicate of underwriters led by CIBC World Markets Inc. and TD Securities Inc., in Algonquin Power & Utilities Corp.'s $172.5 million common share offering.
The agents in TMAC Resources Inc.'s $78 million equity financing to advance the Hope Bay Project.
A syndicate of underwriters led by CIBC World Markets Inc., in Algonquin Power & Utilities Corp.'s public offering of Cumulative Rate Reset Preferred Shares for gross proceeds of $100 million.
A syndicate of agents led by National Bank Financial and Scotia Capital, in a private placement of $200 million aggregate principal amount of senior unsecured debentures of Algonquin Power Co., a wholly-owned subsidiary of Algonquin Power and Utilities Corp.
CIBC World Markets Inc., in the brokered private placement of common shares and flow-through common shares of TMAC Resources Inc. for aggregate gross proceeds of $35 million and concurrent acquisition of the Hope Bay Gold Project from a subsidiary of Newmont Mining Corporation.
A syndicate of agents led by National Bank Financial and BMO Nesbitt Burns, in a private placement of $150 million aggregate principal amount of senior unsecured debentures of Algonquin Power Co., a wholly-owned subsidiary of Algonquin Power and Utilities Corp.
A syndicate of underwriters led by Scotia Capital and TD Securities, in Algonquin Power & Utilities Corp.'s public offering of Cumulative Rate Reset Preferred Shares for gross proceeds of $120 million.
Lakeside Steel Inc., in the process that resulted in the sale of Lakeside Steel Inc. to JMC Steel Group Inc.
Bennett Jones
