Falconbridge Completes US$250M Note Offering

On June 5, 2002, Falconbridge Limited completed an offering of US$250 million principal amount of 7.35 per cent notes due June 5, 2012 in the U.S. under the Canada/U.S. multijurisdictional disclosure system. The syndicate of underwriters was led by Merrill Lynch & Co., Inc., and included Deutsche Bank Securities Inc., Goldman, Sachs & Co., CIBC World Markets Inc., RBC Capital Markets Inc., Scotia Capital Inc. and Trilon International Inc.

Representing Falconbridge were in-house counsel Jeff Snow and Julia Sievwright, assisted by McCarthy Tétrault LLP as Canadian counsel, with a team that included Garth Girvan, Jonathan Grant, Frank DeLuca and Martha Hundert (corporate/securities), Jim Morand (tax) and Doug Thomson (environmental). Fried, Frank, Harris, Shriver & Jacobson was U.S. counsel to Falconbridge, with a team that included Kenneth Blackman, Stuart Gelfond, Angela Grinstead, C.B. Richardson, III, Sarah Warren and Stephen Charest (corporate/securities), Joe Calto (tax) and Donna Mussio (environmental).

Osler, Hoskin & Harcourt LLP represented the underwriters in Canada, with a team that included Steven Smith, Greg Wylie, Katy Waugh and Matthew Graham. Shearman & Sterling in Toronto was U.S. counsel to the underwriters, with a team that included Brice Voran, Jason Lehner, Stephen Centa and Jonathan Wisebrod.