Biggest stock and debt deals in B.C. in 2018

 

Ranked by size of the deal in CAD

Published April 2, 2019. Sources: Interviews with companies below, agents and/or advisers and BIV research. Foreign currency has been converted using Bank of Canada's closing rate on date of deal closure. NP = Not provided

Scroll to the end to download the entire list, as well as versions from previous years. One of two lists that make up the Top 100 Corporate Finance Deals of 2018; see also biggest B.C. (non-mining) mergers and acquisitions of 2018.

For mining M&As, see biggest B.C. mining mergers and acquisitions of 2018.

Rank '19 Recipient company Sector Date deal announced/closed Deal description Partial list of law firms involved Partial list of underwriters and avisers involved Deal value in CAD
1

Teck Resources Ltd
TSX, NYSE:TECK
teck.com

Mining

NP
November 23, 2018

US$4 billion revolving credit facility

NP

CIBC (co-lead arranger, joint bookrunner and syndication agent)

$5.29 billion

2

Goldcorp Inc
TSX:G
goldcorp.com

Mining

NP
June 29, 2018

US$3 billion revolving credit facility

NP

CIBC (co-lead arranger and joint bookrunner)

$3.95 billion

3

QuadReal Property Group/bcIMC Realty Corp
NP
quadreal.com

Real estate

July 30, 2018
NP

Inaugural $1.5 billion syndicated revolving credit facility in favour of QuadReal Property Group/bcIMC Realty Corp. The deal was upsized to $1.5 billion in December 2018 from $1.2 billion in July 2018

NP

CIBC (joint bookrunner, co-lead arranger and co-syndication agent)

$1.5 billion

4

Teck Resources Ltd
TSX, NYSE:TECK
teck.com

Mining

NP
August 13, 2018

US$1 billion cash tender offer of outstanding notes

McMillan LLP

NP

$1.31 billion

5

Telus Corp
TSX:T
telus.com

Technology

June 7, 2018
June 12, 2018

Offering of US$750 million of senior unsecured 4.6% 30-year notes maturing on November 16, 2048

Osler, Hoskin & Harcourt LLP (underwriters), Norton Rose Fulbright (issuer)

Merrill Lynch; Pierce, Fenner & Smith Inc, RBC Capital Markets; TD Securities USA; Wells Fargo Securities

$963.21 million

Want access to the full list and database?
Upgrade to a paid subscription.

We are glad you are enjoying BIV.com.
To get unlimited access to all of our online features, upgrade today.
Subscribe

Already a member? Login