Project|February 25, 2013
Lower Mattagami Energy Limited Partnership completes private placement of C$275 million
Torys acted as counsel to the syndicate of agents with a team that included Rose Bailey, Michael Zackheim and Christine Hunter.
On February 25, 2013, Lower Mattagami Energy Limited Partnership (the Partnership) issued, by way of private placement, C$275 million aggregate principal amount of 4.176% Series 2013-1 Senior Secured Bonds, due February 23, 2046 (the Bonds). The Bonds were offered for sale on a best efforts basis by a syndicate of agents co-led by BMO Nesbitt Burns Inc. and CIBC World Markets Inc., and including National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc. and Laurentian Bank Securities Inc.
The Partnership is a limited partnership between Ontario Power Generation Inc. (OPG), as the sole general partner, and LM Energy Inc., a wholly-owned subsidiary of OPG, as sole limited partner.
The Partnership is a limited partnership between Ontario Power Generation Inc. (OPG), as the sole general partner, and LM Energy Inc., a wholly-owned subsidiary of OPG, as sole limited partner.