TD Securities

Brookfield Renewable to Issue C$400 Million of Green Bonds

Retrieved on: 
Tuesday, January 9, 2024
BNP Paribas, Partnership, BEPC, TD Securities, Sale, Wind, BBB, MUFG, Person, BMO Capital Markets, RBC Capital Markets, Investment, Scotiabank, Desjardins, BEP, Brookfield Renewable Partners, ULC, TSX, Carbon, National bank, Green, Mizuho Securities, Brookfield (corporation), Natural gas, Security (finance)

Brookfield Renewable Partners ULC, a subsidiary of Brookfield Renewable, will be the issuer of the Notes, which will be fully and unconditionally guaranteed by Brookfield Renewable and certain of its key holding subsidiaries.

Key Points: 
  • Brookfield Renewable Partners ULC, a subsidiary of Brookfield Renewable, will be the issuer of the Notes, which will be fully and unconditionally guaranteed by Brookfield Renewable and certain of its key holding subsidiaries.
  • The Notes will represent Brookfield Renewable’s twelfth green labelled corporate securities issuance in North America and the first issuance under Brookfield Renewable’s 2024 Green Financing Framework (the “Green Financing Framework”).
  • Investors can access its portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
  • Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately $850 billion of assets under management.

EdgeCore Digital Infrastructure Completes $1.9 Billion Debt Financing to Enable Continued Growth and Development of its Flagship Data Center Campus in Greater Phoenix

Retrieved on: 
Thursday, January 4, 2024
Scotiabank, WUE, PUE, TD Securities, Acquisition, MUFG, Loan Market Association, Temperature, Partners Group, SVP, LEED, Bank

DENVER, Jan. 4, 2024 /PRNewswire/ -- EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, today announced the completion of a $1.9 billion debt financing transaction to fund scalable development on its data center campus in Mesa, Arizona. This transaction provides a template for several planned financings across the EdgeCore portfolio and was conducted in conjunction with its owner, Partners Group, a leading global private market firm acting on behalf of its clients.

Key Points: 
  • DENVER, Jan. 4, 2024 /PRNewswire/ -- EdgeCore Digital Infrastructure , a wholesale data center developer, owner and operator, today announced the completion of a $1.9 billion debt financing transaction to fund scalable development on its data center campus in Mesa, Arizona.
  • The campus currently has one operational data center and two additional data centers under construction totaling 206 MW of critical load capacity.
  • "To this end, our Phoenix data center campus in Mesa, AZ is being developed using debt financing from this Green Loan."
  • "The construction financing for the Mesa campus is an important milestone for EdgeCore," said Fentress Boyse, Member of Management, Private Infrastructure Americas, Partners Group.

Enterprise Prices $2.0 Billion Aggregate Principal Amount of Senior Notes

Retrieved on: 
Tuesday, January 2, 2024
Chemicals, Plastics, Energy, Manufacturing, Oil, Gas, EPD, Partner, Atlas, Enterprise Products, TD Securities, Sale, EDGAR, NGL, Debt-to-GDP ratio, Prospectus, Transport, EPO, HHH, Natural gas, Security (finance)

Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced a public offering of $2.0 billion aggregate principal amount of notes comprised of (i) $1.0 billion principal amount of senior notes due January 11, 2027 (“Senior Notes HHH”), and (ii) $1.0 billion principal amount of senior notes due January 31, 2034 (“Senior Notes III”).

Key Points: 
  • Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced a public offering of $2.0 billion aggregate principal amount of notes comprised of (i) $1.0 billion principal amount of senior notes due January 11, 2027 (“Senior Notes HHH”), and (ii) $1.0 billion principal amount of senior notes due January 31, 2034 (“Senior Notes III”).
  • Senior Notes HHH will be issued at 99.897% of their principal amount and will have a fixed-rate interest coupon of 4.60%.
  • Senior Notes III will be issued at 99.705% of their principal amount and will have a fixed-rate interest coupon of 4.85%.
  • Enterprise Products Partners L.P. will guarantee the senior notes through an unconditional guarantee on an unsecured and unsubordinated basis.

Calibre Intends to Mail and File the Special Meeting Materials Today In Connection with the Proposed Combination with Marathon

Retrieved on: 
Friday, December 22, 2023
Canada Business Corporations Act, Telephone, OTCQX, TD Securities, Circular, Competition Act, LTIP, CXB, Gold, Transaction, Lead, Proxy, Competition, Internet, Meeting, TSX, Commissioner, Toronto Stock Exchange, Indian stock exchange, DRS, Security (finance)

VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce that the Company intends to file and mail its management information circular dated December 11, 2023 (the “Circular”) and related meeting and proxy materials today in connection with the virtual-only special meeting (the “Meeting”) of holders (the “Calibre Shareholders”) of common shares of Calibre (the “Calibre Shares”) scheduled to be held on January 16, 2024. The purpose of the Meeting is to seek approval for (i) the issuance of Calibre Shares as consideration in connection with a plan of arrangement under the Canada Business Corporations Act (the “Transaction”) whereby Calibre will acquire all of the issued and outstanding common shares of Marathon Gold Corporation (“Marathon”) it does not already own; and (ii) an amendment to increase the maximum number of Calibre Shares that may be reserved and set aside for issuance under Calibre’s amended and restated long-term incentive plan (the “LTIP Amendment”), which amendment will be implemented only upon the completion of the Transaction.

Key Points: 
  • High-margin, cash flow focused, mid-tier gold producer in the Americas1 expected to produce on average 500 koz (2025 – 2026E average) of gold per year.
  • Pursuant to the arrangement agreement dated November 12, 2023 between Calibre and Marathon, holders (“Marathon Shareholders”) of common shares of Marathon (“Marathon Shares”) (other than dissenting shareholders and Calibre) will receive 0.6164 of a Calibre Share for each Marathon Share held.
  • As a Calibre Shareholder, it is very important that you read the Circular and related materials with respect to the Meeting carefully and then vote your Calibre Shares.
  • As the Meeting will be in virtual only format, registered and non-registered Calibre Shareholders will not be able to attend in person.

Capital Power announces C$850 million medium term notes offering

Retrieved on: 
Wednesday, November 29, 2023
Capital Power Corporation, TD Securities, Indigenous peoples, S&P Global Ratings, NOT, Risk management, BBB, Person, WIRE, Internet, News, U.S, Perception, TSX, CPX, Capital, Annual report, Offering

EDMONTON, Alberta, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power”) (TSX: CPX) announced today that it has priced a public offering in Canada of unsecured medium term notes in the aggregate principal amount of C$850 million (the “Offering”). The Offering consists of C$400 million of 5.378% medium term notes maturing on January 25, 2027 and C$450 million of 5.973% medium term notes maturing on January 25, 2034 (collectively, the "Notes").

Key Points: 
  • NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
    EDMONTON, Alberta, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power”) (TSX: CPX) announced today that it has priced a public offering in Canada of unsecured medium term notes in the aggregate principal amount of C$850 million (the “Offering”).
  • The Offering consists of C$400 million of 5.378% medium term notes maturing on January 25, 2027 and C$450 million of 5.973% medium term notes maturing on January 25, 2034 (collectively, the "Notes").
  • The Notes to be issued and sold under the Offering have been rated BBB- by S&P Global Ratings and BBB (low) by DBRS Limited.
  • Capital Power undertakes no obligation to update or revise any forward-looking information except as required by law.

Aon to acquire NFP, a leading middle-market provider of risk, benefits, wealth and retirement plan advisory solutions

Retrieved on: 
Wednesday, December 20, 2023
Slate, UBS, Workforce, Vahe, Partnership, Cravath, Swaine & Moore, Risk, TD Securities, EPS, Interest, Jefferies Group, Acquisition, LLP, MDP, Ropes & Gray, HPS, Citigroup, BofA Securities, Madison Dearborn Partners, Aon (company), AON, NFP, Growth, Investment, McDermott Will & Emery, Financial services

The acquisition of NFP expands Aon's presence in the large and fast-growing middle-market segment, with capabilities across risk, benefits, wealth and retirement plan advisory.

Key Points: 
  • The acquisition of NFP expands Aon's presence in the large and fast-growing middle-market segment, with capabilities across risk, benefits, wealth and retirement plan advisory.
  • "We have continually evolved our leading capabilities to better serve our clients' growing needs amidst increasing volatility across the marketplace," said Greg Case, CEO of Aon.
  • "The acquisition will advance our relevance to clients, create opportunities for our colleagues and further strengthen our shared cultural values.
  • NFP is a leader in property and casualty brokerage, benefits consulting, wealth management and retirement plan consulting for middle-market clients with more than 7,700 colleagues.

Aon to acquire NFP, a leading middle-market provider of risk, benefits, wealth and retirement plan advisory solutions

Retrieved on: 
Wednesday, December 20, 2023
Slate, UBS, Workforce, Vahe, Partnership, Cravath, Swaine & Moore, Risk, TD Securities, EPS, Interest, Jefferies Group, Acquisition, LLP, MDP, Ropes & Gray, HPS, Citigroup, BofA Securities, Madison Dearborn Partners, Aon (company), AON, NFP, Growth, Investment, McDermott Will & Emery, Financial services

The acquisition of NFP expands Aon's presence in the large and fast-growing middle-market segment, with capabilities across risk, benefits, wealth and retirement plan advisory.

Key Points: 
  • The acquisition of NFP expands Aon's presence in the large and fast-growing middle-market segment, with capabilities across risk, benefits, wealth and retirement plan advisory.
  • "We have continually evolved our leading capabilities to better serve our clients' growing needs amidst increasing volatility across the marketplace," said Greg Case, CEO of Aon.
  • "The acquisition will advance our relevance to clients, create opportunities for our colleagues and further strengthen our shared cultural values.
  • NFP is a leader in property and casualty brokerage, benefits consulting, wealth management and retirement plan consulting for middle-market clients with more than 7,700 colleagues.

DQE Communications To Be Acquired by GI Partners

Retrieved on: 
Tuesday, December 19, 2023
Duquesne Light Company, Simpson Thacher & Bartlett, TD Securities, Sale, DLH, GI Partners, Taft Stettinius & Hollister, Education, Growth, The Company, DQE, Asset management

PITTSBURGH, Dec. 19, 2023 /PRNewswire/ -- GI Partners, a leading investor in data infrastructure businesses, announced today that it has signed an agreement to acquire DQE Communications ("DQE" or the "Company") from its parent company, Pittsburgh-based Duquesne Light Holdings Inc. ("DLH"). The transaction provides DQE with additional resources to expand as it continues to provide best-in-class connectivity services as a standalone fiber infrastructure provider.

Key Points: 
  • PITTSBURGH, Dec. 19, 2023 /PRNewswire/ -- GI Partners, a leading investor in data infrastructure businesses, announced today that it has signed an agreement to acquire DQE Communications ("DQE" or the "Company") from its parent company, Pittsburgh-based Duquesne Light Holdings Inc. ("DLH").
  • The investment by GI Partners uniquely positions DQE as a scaled and trusted strategic network provider," said Jim Morozzi, CEO of DQE Communications.
  • We are committed to continuing our investment into the growth of the DQE Communications business leading up to close.
  • TD Securities served as financial advisor, and Simpson Thacher & Bartlett LLP served as legal counsel to GI Partners.

Canadian General Investments, Limited Announces Additional Independent Directors

Retrieved on: 
Wednesday, November 15, 2023
TD Securities, Investment, LSE, PwC, Soulpepper, Investment banking, TSX

Canada, Nov. 15, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Canadian General Investments, Limited (TSX:CGI) (LSE:CGI) is pleased to announce the appointment of Sanjay Nakra as an independent director to the Board.

Key Points: 
  • Canada, Nov. 15, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Canadian General Investments, Limited (TSX:CGI) (LSE:CGI) is pleased to announce the appointment of Sanjay Nakra as an independent director to the Board.
  • Mr. Nakra joins independent director Michael Walke, who was elected to the Board at the Corporation’s Annual General Meeting in April, as the two newest Directors.
  • He presently serves as the CEO of the Canadian Centre for Audit Quality (CCAQ), an independent, non-profit corporation established in 2021 dedicated to advancing confidence in Canada’s public accounting and auditing profession.
  • Established in 1930 and listed in Toronto and London, Canadian General Investments is a closed-end equity fund focussed on medium- to long-term investments in primarily Canadian corporations.

Highwoods Prices $350 Million of 7.65% Notes Due 2034

Retrieved on: 
Tuesday, November 14, 2023
Sale, Suite, Wells Fargo, NYSE, Telephone, TD Securities, Attention, Vanderbilt Avenue, EDGAR, J.P. Morgan & Co., Broadridge Financial Solutions, Avenue, Capital market, Prospectus, BofA Securities, HIW, Partnership, Kitchen Party (girl group), Regional Security Officer, Fifth Avenue, Security (finance)

RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $350 million offering of 7.65% unsecured notes under its existing shelf registration statement.

Key Points: 
  • RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $350 million offering of 7.65% unsecured notes under its existing shelf registration statement.
  • The notes are due February 1, 2034 and were priced to yield 7.836%.
  • The offering is expected to close on November 21, 2023, subject to customary closing conditions.
  • This offering is being made pursuant to an effective shelf registration statement, and only by means of a prospectus supplement and accompanying prospectus.