On September 1, 2005, Canadian Hydro Developers, Inc. completed an offering on a private placement basis of $120 million aggregate principal amount of 5.334 per cent unsecured debentures. The proceeds of the offering will be used by Canadian Hydro to refinance and replace existing bank facilities and for the long-term financing of current and future assets. The offering was completed through a syndicate of agents led by Scotia Capital Inc. and including BMO Nesbitt Burns Inc., National Bank Financial Inc. and TD Securities Inc.
Canadian Hydro was represented in Canada by Blake, Cassels & Graydon LLP with a team that included Daniel McLeod, Janan Paskaran and Scott Clarke (securities), Kevin Fougere (banking) and Wanda Rumball (tax); and in the US by Paul, Weiss, Rifkind, Wharton & Garrison LLP with a team that included Andrew Foley and Edwin Maynard (securities). The agents and investors were represented by McCarthy Tétrault LLP with a team that included David Lever, Stephen Furlan and Suzanne Murphy (banking), Mark Eade, Sony Gill and Juliamai Giffen (securities), David Izett (energy) and Ian Bock and TJ Kang (tax).
Canadian Hydro was represented in Canada by Blake, Cassels & Graydon LLP with a team that included Daniel McLeod, Janan Paskaran and Scott Clarke (securities), Kevin Fougere (banking) and Wanda Rumball (tax); and in the US by Paul, Weiss, Rifkind, Wharton & Garrison LLP with a team that included Andrew Foley and Edwin Maynard (securities). The agents and investors were represented by McCarthy Tétrault LLP with a team that included David Lever, Stephen Furlan and Suzanne Murphy (banking), Mark Eade, Sony Gill and Juliamai Giffen (securities), David Izett (energy) and Ian Bock and TJ Kang (tax).
