855 2nd St SW, Suite 3500, Bankers Hall, East Twr, Calgary, AB
Year called to bar: 1995 (AB)
Ross practises securities and corporate law with a focus on domestic and cross-border merger & acquisition transactions and corporate finance. As counsel to both acquirors and targets, Ross has acted on many high profile domestic and cross-border takeover bids and plans of arrangement and has acted for several issuers on high profile proxy contests. Ross has extensive experience in a wide variety of equity and debt offerings, including project financing and offerings of investment grade, subordinated, and high-yield debt. He also assists issuers in establishing shelf financing programs both for domestic offerings as well as cross-border offerings under the Canada/US multi-jurisdictional offering system. Ross has acted for issuers, underwriters and selling shareholders on offerings involving issuers in the pipeline and energy infrastructure, agribusiness, oil and gas exploration and development, chartered banking and transportation sectors. He also regularly advises issuers in connection with corporate governance requirements, continuous disclosure obligations, stock exchange matters and general corporate matters. Ross has experience advising clients on ESG matters, including in respect of corporate governance and compliance, disclosure, and sustainable finance.
On October 25, 2018, AltaGas Canada Inc. (“ACI”) completed an initial public offering of its common shares. In connection with the initial public offering, ACI issued 16.5 million common shares at a price per share of $14.50 for gross proceeds of approximately $239 million, and the common shares began trading on the Toronto Stock Exchange under the symbol “ACI.”
On May 18, 2017, TransCanada Trust (TransCanada) closed its public offering in Canada of $1.5 billion aggregate principal amount of hybrid trust notes due May 18, 2077 (the Trust Notes).
On February 3, 2017, AltaGas Ltd. (AltaGas) completed its public offering of 67,800,000 subscription receipts, on a bought deal basis, at an issue price of $31.00 per subscription receipt (the Offering Price), for total gross proceeds of approximately $2.1 billion.
On June 2, 2017, Trican Well Service Ltd. (“Trican”) and Canyon Services Group Inc. (“Canyon”) completed the previously announced acquisition of Canyon by Trican pursuant to a plan of arrangement for approximately $627 million and an assumption of approximately $38 million of net debt.
On November 16, 2016, TransCanada Corporation completed its public offering of Common Shares for aggregate gross proceeds of approximately $3.5 billion.
On June 2, 2016, Gibson Energy Inc. completed an offering of 14,892,500 common shares, including the fully exercised over-allotment option of 1,942,500 common shares, at a price of $15.45 per common share and $100 million aggregate principal amount of 5.25 per cent unsecured subordinated debentures due July 15, 2021, for aggregate gross proceeds of $330,089,125.
On April 1, 2016, TransCanada Corporation closed a bought deal offering of subscription receipts in Canada and the United States for aggregate gross proceeds of $4.4 billion, which, at the time, constituted the largest bought deal offering in Canadian history
Intact Financial Corporation, through a wholly owned subsidiary, completed its acquisition of all of the issued and outstanding shares of Canadian Direct Insurance Inc. from Canadian Western Bank. The acquisition was financed by IFC exclusively with excess capital. The acquisition enhances IFC’s position in Canada by extending its direct-to-consumer operations from coast to coast.
On May 20, 2015, TransCanada Trust closed its public offering in the United States of Hybrid Trust Notes Due 2075 for aggregate gross proceeds of US$750,000,000.
