Paul, Weiss is an acknowledged leader among U.S. law firms representing Canadian public and private companies and their underwriters. With almost 50 years of history in Canada and an office in Toronto, our vibrant Canada practice is the largest among U.S. law firms and reflects our long-standing commitment to our clients in their Canadian–U.S. cross-border matters.
Great Canadian Closes Cdn$450 Million High Yield Offering
Practices
Paul, Weiss client Great Canadian Gaming Corporation closed its offering of Cdn$450 million aggregate principal amount of 6.625% Senior Unsecured Notes due 2022 in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S. Great Canadian is a gaming, entertainment and hospitality operator with operations in British Columbia, Ontario, Nova Scotia and Washington State.
Paul, Weiss also represented Great Canadian in connection with its concurrent tender for any and all of its U.S. $170 million aggregate principal amount of 7.250% Senior Subordinated Notes due 2015.
The joint bookrunning managers for the bond offering were Scotia Capital Inc. and HSBC Securities (Canada) Inc., and the dealer manager for the tender offer was Scotia Capital (USA) Inc.
The Paul, Weiss team advising Great Canadian included corporate partner Andrew Foley and counsel Richard Elliot; and tax partner David Sicular.