In the past 16 months in Canada, $5.1 billion has been raised
through publicly-reported convertible debt financings. Despite the
size of this figure, convertible debt deals remain relatively
infrequent compared to traditional forms of debt and equity
financings; consequently, there are often issues concerning the
structuring and pricing of convertible debt for both public and
private deals.
As such, Wildeboer Dellelce LLP has prepared a comprehensive
study of convertible debt deals completed in Canada in the past 16
months, including 93 transactions that have been publicly-reported
and 43 private transactions (the
"Study"). The Study is designed to
provide an overview of the state of the convertible debt market in
Canada and insight into the framework for specific deals through
this form of financing.
