A destination practice for both debt and equity offerings, Blake, Cassels & Graydon LLP is regularly engaged by seasoned and debut issuers, as well as underwriters, to advise on headline-grabbing transactions. In a high-profile debt mandate, Calgary-based Jeff Bakker recently advised South Bow Corporation on its C$7.9bn notes offering related to the spin-off of TC Energy Corporation’s liquids pipelines business — the largest debt capital markets transaction in Canadian history. In Toronto, the formidably deep bench draws on Tim Andison, who focuses on M&A and capital markets; Catherine Youdan, who leads the capital markets team in Toronto; London managing partner Jeffrey Lloyd, who divides his time between Canada and the UK; and Michael Hickey, whose practice spans securities transactions and regulatory matters. Other key contacts in Calgary include local practice head Chad Schneider, as well as Kristopher Simard. The national team is additionally co-led by Vancouver head Kathleen Keilty, who is highly regarded for mining-related offerings, and Howard Levine, who fronts the department in Montreal.
Legal 500 Editorial commentary
Profile
Work Department
Securities
Position
Tim's practice focuses on a wide variety of M&A and debt and equity capital markets transactions, including initial public offerings (IPOs), high-yield and other debt offerings, restructurings, and liability-management transactions. He has acted for numerous underwriters, issuers, financial sponsors, lenders and borrowers based in Canada, the United States, South America, Europe and Asia.
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Key clients
- Algonquin Power & Utilities Corp BMO Capital Markets Corp Citigroup Coastal GasLink Pipeline Limited Partnership dentalcorp Holdings Evercore Group Jefferies JP Morgan Securities Morgan Stanley Pembina Pipeline Corporation RBC Capital Markets South Bow Corporation
Work highlights
Advised South Bow Corporation on its C$7.9bn notes offering related to the spin-off of TC Energy Corporation’s liquids pipelines business.
Advised Algonquin Power & Utilities Corp on a cross-border offering, which involved the remarketing and repricing of $1.1bn of notes issued in connection with an earlier offering of equity units.
Advised a syndicate of dealers, led by BMO, CIBC and National Bank, on Ontario Power Generation's $1bn public offering of green bonds.

