199 Bay St, Suite 4000, Commerce Court West, Toronto, ON
Year called to bar: 1995 (ON)
Brendan's practice involves a wide range of corporate, commercial and securities work, including public and private debt and equity financings, initial public offerings, mergers and acquisitions, reorganizations, and securities regulatory compliance. He has experience in many different types of corporate finance transactions, including offerings of common shares, preferred shares, income trust units, debt securities, convertible debentures and subscription receipts. Brendan has acted as counsel to issuers and underwriters in significant transactions in the technology, telecommunications, mining, electrical power, steel, real estate and financial services sectors. In recent years, he has acted on many Canada/US cross-border financings and other significant debt and equity financing transactions. From 1999 to 2001, Brendan was corporate counsel for a publicly listed Canadian software firm.
On February 7, 2017, Trilogy International Partners Inc. (formerly Alignvest Acquisition Corporation) (TSX:AQX.A)(TSX:AQX.WT) (“Trilogy”) completed its qualifying acquisition under which Trilogy effected a business combination with Trilogy International Partners LLC by way of a court approved plan of arrangement.
On August 12, 2016, Pattern Energy Group Inc. (“Pattern Energy”) completed an underwritten public offering of 10 million shares of its Class A common stock (“common stock”) and on August 22, 2016, the underwriters partially exercised their over-allotment option to purchase an additional 1,300,000 shares of common stock. In total, Pattern Energy sold 11,300,000 shares of common stock at a price of US$23.90 per share, for proceeds of approximately US$270 million.
On November 5, 2015, Hydro One Limited, the largest electricity transmission and distribution company in Ontario, announced the closing of its initial public offering by way of secondary sale pursuant to which the Province of Ontario offered 81,100,000 common shares at $20.50 per share for total gross proceeds to the Province of approximately $1.66 billion. This was the biggest Canadian IPO in the last 15 years.
On July 28, 2015, Pattern Energy Group Inc. (Pattern Energy) completed an underwritten public offering of shares of its Class A common stock (Class A shares) and a concurrent private placement offering of 4.00 per cent convertible senior notes due 2020 (the notes). In total, Pattern Energy sold 5,435,000 Class A shares at a price of US$23.00 per share, for total gross proceeds of approximately US$125 million, and US$225 million aggregate principal amount of notes.
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.
BCE Inc. completed its privatization of Bell Aliant Inc. and the integration of its Atlantic Canada affiliate into BCE’s national operations, following its successful offer to purchase all of the outstanding publicly-held Bell Aliant common shares for a combination of cash and BCE common shares valued at approximately $3.95 billion.
Element Financial Corporation acquired the assets and operations of PHH Arval, PHH Corporation's North American fleet management services business, for a purchase price of US$1.4 billion in cash. Element also assumed PHH's obligations under the PHH fleet securitization programs in the US and Canada.
