Blake, Cassels & Graydon LLP’s capital markets group is particularly dominant in equity work, where it acts for issuers and managers on a steady stream of high-value offerings. The department additionally houses a prominent debt practice, which saw Calgary partners Jeff Bakker and Kristopher Simard recently pair up to advise Coastal GasLink Pipeline on its C$7.1bn private placement of notes in Canada, the US and certain other international jurisdictions; this notably represented the largest Canadian dollar-denominated corporate bond offering to date. Ross Bentley is also a key contact in Calgary. Recommended names in Toronto include Tim Andison, Chris Hewat, Michael Hickey, Eric Moncik, London managing partner Jeffrey Lloyd (who splits his practice between Canada and the UK), and national practice head Catherine Youdan — all of whom maintain broad securities and M&A practices. Pascal de Guise is noted in Montreal.
Key clients
- Algonquin Power & Utilities Corp
- BMO Capital Markets
- Celestica
- Coastal GasLink Pipeline
- ECN Capital Corp
- Ero Copper Corp
- First Quantum Minerals
- goeasy
- ICPEI Holdings
- Maplebear (d/b/a Instacart)
- Nutrien
- Pembina Pipeline Corporation
- RBC Capital Markets
- Savaria Corporation
Work highlights
- Advised Coastal GasLink Pipeline on its C$7.1bn private placement of first lien senior secured notes.
- Advised Pembina Pipeline Corporation on its C$1.2bn bought deal offering of subscription receipts, in connection with its C$3.1bn acquisition of Enbridge’s joint-venture interests in Alliance Pipeline, Aux Sable and NRGreen.
- Advised First Quantum Minerals on its C$1.5bn bought deal public offering of common shares and on certain other Canadian aspects of its $5.5bn refinancing package.
Lawyers
Practice head
The lawyer(s) leading their teams.
Catherine Youdan