Group of brokers, headed by CIBC World Markets and RBC Capital Markets, coordinating the $300-million bond sale by Whitecap Resources Inc., issuing 3.761% senior unsecured debentures maturing in 2028
Whitecap Resources Inc., a leading energy company, has announced a private placement offering of senior unsecured debentures. This offering, valued at $300-million, is being led by CIBC World Markets Inc. and RBC Dominion Securities Inc. as joint bookrunners.
The syndicate of agents, responsible for the bookrunning of this offering, also includes other prominent financial institutions. CIBC World Markets Inc. and RBC Dominion Securities Inc. are joined by Osler, a renowned law firm, and Hoskin & Harcourt LLP, who are providing legal and corporate advice respectively.
The debentures being offered carry an interest rate of 3.761% and will mature in 2028. These senior unsecured debentures will be sold as part of a private placement offering, conducted exclusively for selected investors.
The team from Hoskin & Harcourt LLP, advising the syndicate, includes Dan Shea, Jessica Myers, Vivek Warrier, Josh Mamdani, and Ana Cherniak-Kennedy. Their role is to provide corporate advice to the syndicate of agents.
Osler, the law firm advising the syndicate, has not disclosed the members of their team at this time.
This private placement offering is another strategic move by Whitecap Resources Inc. as they continue to strengthen their financial position and pursue growth opportunities in the energy sector.
The syndicate of agents, responsible for the bookrunning of the $300-million private placement offering, includes other prominent financial institutions in addition to CIBC World Markets Inc. and RBC Dominion Securities Inc. Hoskin & Harcourt LLP, who are providing legal and corporate advice, join Dan Shea, Jessica Myers, Vivek Warrier, Josh Mamdani, and Ana Cherniak-Kennedy in the team advising the syndicate. This private placement offering, conducted exclusively for selected investors, is another strategic move by Whitecap Resources Inc. as they continue to strengthen their financial position and pursue growth opportunities in the energy sector.
