Bank of America

Canadian Imperial Bank of Commerce US$1.3 billion senior notes due 2030

Joint book-running manager · Financial Services

CIBC priced an SEC-registered offering of US$300 million floating rate and US$1 billion 5.627% fixed-to-floating rate senior notes due 2030 for general corporate purposes.

Brookfield Finance Inc. US$600 million 5.650% senior notes due 2031 (guaranteed by Brookfield Corporation)

Joint book-running manager · Asset Management

Brookfield priced US$600 million of 5-year senior notes through its finance subsidiary for general corporate purposes.

Rogers Communications Inc. US$1 billion and C$600 million fixed-to-fixed rate subordinated notes due 2057

Joint book-running manager (US notes); co-manager (Canadian private placement) (as BofA Securities, Inc. (US); Merrill Lynch Canada Inc. (Canada)) · Telecommunications

Rogers priced US$1 billion of hybrid subordinated notes in two series (7.150% and 7.400%, due 2057) in the US and a concurrent C$600 million 6.000% Canadian private placement, using proceeds to redeem or repurchase its 2081 and 2082 subordinated notes.

Fortis Inc. US$1 billion fixed-to-fixed rate junior subordinated notes due 2057

Joint bookrunner · Utilities

Fortis priced two US$500 million tranches of hybrid junior subordinated notes (6.625% and 6.875%, both due 2057) to repay maturing debt and for general corporate purposes.

CSA Group Testing, Inspection and Certification business

Exclusive financial advisor to Buyer · Testing, Inspection and Certification

Buyer Kiwa Group · Seller CSA Group

Toronto-based CSA Group agreed to sell its commercial testing, inspection and certification business to Kiwa for about C$2.1 billion in cash, leaving the not-for-profit Canadian Standards Association focused on standards.

MDA Space Ltd. common shares

Joint Active Bookrunner · Aerospace / Space

Seller MDA Space Ltd.

Upsized bought deal of 23 million shares at US$35.60 to help fund MDA Space's acquisition of about 70% of CLS. The date is the closing announcement.

Bell Canada MTN Debentures

Co-Dealer Manager (Merrill Lynch Canada Inc.) · Telecommunications

Buyer Bell Canada

Bell priced cash tender offers for several series of its MTN debentures. Merrill Lynch Canada Inc. was one of the co-dealer managers.

BMO Transportation Finance and Vendor Finance businesses

Financial advisor to Seller (with BMO Capital Markets) · Financial Services / Specialty Finance

Buyer Stonepeak · Seller BMO Financial Group

BMO agreed to sell its U.S. and Canadian transportation and vendor finance businesses and loan portfolios to Stonepeak, keeping an equity interest in their future income. The headline price was not disclosed in the excerpt reviewed.

Premium Brands Holdings Corporation

Underwriter (subscription receipts syndicate) · Food Products

Premium Brands completed $600 million of public subscription receipt and convertible debenture offerings plus a concurrent private placement; the original launch date is not given in the cited release.

Restaurant Brands International Inc. common shares

Sole Bookrunner; forward counterparty · Consumer / Restaurants

Seller HL1 17 LP (affiliate of 3G Capital)

Priced secondary offering of up to 17,626,570 RBI common shares by a 3G Capital affiliate, with a related forward sale agreement with BofA Securities.

Canadian National Railway Company

Joint bookrunner · Transportation (Rail)

CN announced a US$700 million public debt offering in two tranches.

Joe Hudson's Collision Center

Financial advisor to Joe Hudson's · Automotive Services

Buyer Boyd Group Services Inc. · Seller TSG Consumer Partners

Boyd agreed to buy 258-location collision repair chain Joe Hudson's from TSG Consumer Partners for $1.3 billion, funded with equity, notes and credit facilities.

Profertil S.A. (50% equity stake)

Financial advisor to Nutrien · Agriculture / Fertilizers

Buyer Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda · Seller Nutrien Ltd.

Nutrien agreed to sell its 50% stake in Argentine nitrogen producer Profertil for about US$600 million pre-tax.

TELUS Digital Experience (TELUS International (Cda) Inc.)

Financial advisor to the special committee; fairness opinion · Technology Services

Buyer TELUS Corporation

TELUS agreed to acquire the shares of TELUS Digital it did not already own for US$4.50 per share, aggregate consideration of US$539 million (total transaction value about US$2.9 billion).

Canada Goose Holdings Inc.

Lead arranger and joint bookrunner · Apparel

Refinancing amendment to Canada Goose's term loan credit agreement dated August 21, 2025.

Fairfax Financial Holdings Limited

Dealer (syndicate member) · Insurance

Fairfax launched a C$700 million offering of senior notes.

GO Residential Real Estate Investment Trust

Passive bookrunner · Real Estate (Multifamily REIT)

GO Residential REIT filed its final prospectus and completed a US$410 million IPO of trust units at US$15.00 (date is the final prospectus announcement).

Wells Fargo rail operating lease portfolio and rail finance lease portfolio

Sole financial advisor to GATX and Brookfield Infrastructure · Transportation - Railcar Leasing

Buyer GATX Corporation and Brookfield Infrastructure (joint venture) · Seller Wells Fargo

GATX and Brookfield Infrastructure formed a joint venture to buy Wells Fargo's roughly 105,000-railcar operating lease portfolio for $4.4 billion; Brookfield Infrastructure separately agreed to buy the rail finance lease portfolio.

Parkland Corporation

Financial advisor to Parkland · Energy - Fuel Distribution & Refining

Buyer Sunoco LP

Sunoco agreed to acquire all outstanding Parkland shares in a cash-and-equity deal valued at about US$9.1 billion including assumed debt, following Parkland's strategic review.

Andlauer Healthcare Group Inc.

Financial advisor to UPS · Healthcare Logistics

Buyer United Parcel Service (UPS)

UPS agreed to acquire Andlauer Healthcare Group for C$55.00 per share in cash, a 31% premium, adding its cold-chain healthcare logistics network to UPS Healthcare.

40% operated working interest in the Sinú-9 Block (Colombia)

Lead financial advisor to NGE · Energy - Natural Gas

Buyer Etablissements Maurel & Prom S.A. · Seller NG Energy International Corp.

NG Energy agreed to sell a 40% operated working interest in the Sinú-9 gas block to Maurel & Prom for US$150 million, retaining 32%.

Whitecap Resources Inc.

Agent · Oil & Gas (E&P)

Whitecap priced an inaugural C$400 million offering of 4.382% investment-grade senior unsecured notes due 2029.

Gatos Silver, Inc.

Exclusive financial advisor to Gatos · Mining (silver)

Buyer First Majestic Silver Corp.

First Majestic agreed to acquire Gatos Silver, owner of a 70% interest in the Cerro Los Gatos mine in Mexico, in an all-share deal with an equity value of about US$970 million.

KeyCorp (14.9% equity interest)

Financial advisor to Scotiabank · Banking

Buyer The Bank of Nova Scotia

Scotiabank agreed to acquire an approximately 14.9% pro forma stake in U.S. lender KeyCorp through a two-stage issuance of common shares at US$17.17 per share, for about US$2.8 billion in cash.

Neoen S.A.

Exclusive financial advisor to Neoen · Renewable Energy

Buyer Brookfield (with Brookfield Renewable and Temasek)

Brookfield entered exclusive negotiations to buy a 53.32% block of French renewables developer Neoen at EUR 39.85 per share and launch a mandatory tender offer, implying a EUR 6.1 billion equity value.