855 2nd St SW, Suite 4500, Bankers Hall E, Calgary, AB
Year called to bar: 1997
Mark Powell is the head of the firm’s Trading & Derivatives practice. Powell has a broad range of experience in the trading and derivatives that extends beyond commodity, interest rate and currency trading to include the trading of equities and other products. He assists funds, producers, governmental entities and other end-users with respect to ISDA master agreements and related documentation. He also has negotiated numerous ISDA master equity confirmation agreements. His practice encompasses providing advice and negotiating other financial trading documentation (long form confirmations, GTCs, etc.) and physical wholesale and retail trading documentation (electricity supply and related services agreements, GasEDIs, NAESBs, condensate supply agreements, etc.). Mark has assisted a number of clients in the acquisition and incorporation of Trading & Derivatives businesses including Parkland Fuel's acquisition of Elbow River Marketing, Glencore's acquisition of Viterra and the TMX's acquisition of the NGX (gas and electricity), Watt-Ex (electricity and related services) and NetThruPut (crude) exchanges.
On November 21, 2018, Parkland Fuel Corporation (“Parkland”) closed a private placement (the “Offering”) of $300 million aggregate principal amount of 6.50% senior unsecured notes due 2027.