Our Corporate Finance Group
Our Corporate Finance Group includes some of the most experienced corporate finance and securities practitioners in Canada. Our practice is primarily transactional in nature. We are regularly involved in both private and public financings and are active in representing issuers such as major corporations, entrepreneurial companies, partnerships, funds, and income and business trusts, as well as underwriters, selling security holders and various types of investors in a wide variety of domestic and cross-border financings.
Our Services in Corporate Finance
We advise on a broad range of corporate finance matters, including initial and secondary public offerings of equity, debt, preferred and capital securities, trust units, and other instruments. In providing advice and services to capital markets participants, we are disciplined, creative and flexible and develop innovative solutions to assist in achieving our clients' business objectives. We offer our capital markets clients experienced, cost-effective and collegial teams of lawyers and professionals which also include, as necessary, other BLG practitioners, such as our tax, banking and structured finance and regulatory colleagues. We are actively involved in creating and developing sophisticated financial instruments and financing techniques and structures.
Our Experience in Corporate Finance
Representative Transactions
- Our Corporate Finance Group has advised clients involved in a wide variety of capital markets transactions, including acting for both underwriters and issuers in connection with corporate finance mandates. Our recent corporate finance experience includes advising:
- BMO Nesbitt Burns Inc., RBC Dominion Securities, Inc. and a syndicate of other underwriters in the $460 million bought deal offering of common shares by Cameco Corporation
- Canada Mortgage and Housing Corp. and Canada Housing Trust No. 1 in the offering of over $180 billion of mortgage backed securities
- Loblaw Companies Limited in its $350 million offering of medium term notes, $225 million offering of redeemable convertible second preferred shares and $300 million private placement of unsecured notes
- Pan American Silver Corp. in its US$103 million offering of common shares
- Macquarie Capital Markets Canada Ltd. in the $290 million private placement of units by Agnico-Eagle Mines Limited
- Genuity Capital Markets, BMO Nesbitt Burns Inc. and Raymond James Ltd. in the $50 million rights offering to subscribe for 9% convertible debentures and a $100 million concurrent private placement of secured convertible debentures by TimberWest Forest Corp.
- PBS Coals Corporation in its $215 million private placement of subscription receipts
- Tethys Petroleum Limited in its US$50 million offering of ordinary shares
- Cormark Securities and a syndicate of other underwriters in the $200 million initial public offering of Sprott Inc.
- GMP Securities L.P. and a syndicate of other underwriters in the $138 million bought deal offering units by Coalcorp Mining Inc.
- Finning International Inc. in its $600 million offering of medium term notes
- CA Bancorp and Canadian Realty Finance Corporation in the offering of $68 million of preferred shares
- Qwest Energy 2009 Flow-Through Limited Partnership in its $30 million initial public offering
- Birchcliff Energy Ltd. in its $130 million bought deal offering of common shares
- Husky Energy Inc. in its US$750 million offering of unsecured notes
- BMO Capital Markets, CIBC World Markets Inc. and a syndicate of other underwriters in the $115 million initial public offering of Innergex Renewable Energy Inc.
Regulatory Matters
Borden Ladner Gervais also acts as counsel to the Investment Dealers Association of Canada, a national self-regulatory organization for the securities industry in Canada and the Mutual Fund Dealers Association, a national self-regulatory organization for the mutual fund industry in Canada. The firm has acted for the Canadian Investor Protection Fund, which protects investors in the event of the insolvency of a securities dealer, and The Canadian Securities Institute, which is the national education body of the securities industry. The firm has also acted for The Canadian Depository for Securities Limited ("CDS") since it was first organized. CDS provides the principal securities depository and settlement system for the Canadian financial community. BLG is regularly involved with issues of market policy and regulation and conduct of securities dealers and permitted activities of participants in the securities industry.