September 29, 2009
Aecon Group Inc. (TSX:ARE), Canada’s largest publicly traded construction and infrastructure development company, raised total gross proceeds of $172.5 million through a bought deal offering of convertible debentures by way of a short form prospectus. The total gross proceeds included the exercise on closing of an over-allotment option granted to the underwriters. The transaction was underwritten by a syndicate of underwriters led by GMP Securities L.P. and TD Securities Inc. and including Raymond James Ltd., CIBC World Markets Inc., Paradigm Capital Inc., BMO Nesbitt Burns Inc., Canaccord Capital Corporation, National Bank Financial Inc., Genuity Capital Markets and Macquarie Capital Markets Canada Ltd.
Wildeboer Dellelce LLP represented Aecon Group Inc. with a team that included Troy Pocaluyko, Charlie Malone, Darryl Holyday and Zahar Orlov (corporate/securities), Kevin Fritz and Andrea Shreeram (tax).