Cassels Brock Acts for the Underwriters as North American Palladium Completes its Offering of Debentures

Published: 08/16/2012

By Chad Accursi, Nancy Choi, Ted Citrome, Gregory Hogan, Andrew M. Reback

On July 31, 2012, North American Palladium Ltd. completed its offering of 43,000 convertible unsecured debentures, sold on a bought deal basis.  The total gross proceeds of the offering were $43,000,000.

The Offering was completed by a syndicate of underwriters co-led by Scotia Capital Inc. and Raymond James Ltd., and included RBC Capital Markets, Macquarie Capital Markets Canada Ltd., CIBC World Markets Inc., Cormark Securities Inc., GMP Securities L.P., and Haywood Securities Inc. (collectively, the "Underwriters").

Cassels Brock acted for the syndicate of underwriters with a team that included Chad Accursi (Securities & Mining), Greg Hogan (Securities & Mining), Nancy Choi (Securities & Mining), Andrew Reback (Corporate Tax) and Ted Citrome (Corporate Tax).