What's New

Eurofiber secures a €2.2 billion refinancing

Congratulations to Eurofiber on successfully completing a €2.2 billion refinancing that repaid Eurofiber's existing €1.5 billion financing and will be used to support Eurofiber's continued growth and investment in Europe. The financing is structured as a Sustainablity-Linked Loan (SLL) and is tied to three sustainability performance targets that underpin Eurofiber’s commitment to reducing carbon emissions, the consumption of raw materials, and increasing gender diversity within its workforce. CIBC Capital Markets is proud to have acted as Arranger and Hedge Counterparty.
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Macquarie Asset Management and the consortium it led completed a $4.95 billion acquisition financing supporting the take-private acquisition of Qube Holdings Limited by way of scheme of arrangement

CIBC Capital Markets is pleased to have supported Macquarie Asset Management and the consortium it led on the $4.95 billion acquisition financing supporting the take-private acquisition of Qube Holdings Limited by way of scheme of arrangement. CIBC Capital Markets is pleased to have acted as Mandated Lead Arranger, Underwriter, Bookrunner and Deal Contingent Hedge Provider and Hedge Counterparty.
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Brookfield has successfully closed the C$1.2 billion acquisition financing supporting its acquisition of Boralex Inc., a leading Canadian IPP, alongside La Caisse

Congratulations to Brookfield on the financial close of the C$1.2 billion acquisition financing supporting its acquisition of Boralex Inc., a leading Canadian IPP, alongside La Caisse. This transaction marks a significant milestone for both Brookfield and Boralex as they continue to develop and grow their leading power platforms across key global markets. CIBC Capital Markets is pleased to act as Co-Underwriter, Administrative Agent, Collateral Agent, Joint Bookrunner, Co-Lead Arranger, Hedge Provider, and Account Bank.
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H&R REIT entered into an agreement on its $6.7 billion pending acquisition by GO Residential REIT and a consortium of co-purchasers

Congratulations to H&R REIT for entering into an agreement on its $6.7 billion pending acquisition by GO Residential REIT and a consortium of co-purchasers, including affiliates of Blackstone, Crestpoint, PSP Investments, and a company controlled by members of the family of Thomas Hofstedter. CIBC Capital Markets is pleased to be acting as Exclusive Financial Advisor to H&R REIT.
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Celestica successfully completes a US$3.45 billion common share overnight marketed deal offering

Congratulations to Celestica on successfully completing a US$3.45 billion common share overnight marketed deal offering. Net proceeds from the offering are expected to be used for working capital and to support investments in capital expenditures, in addition to other general corporate purposes. This transaction represents the largest common equity follow-on offering in Canadian equity capital markets history. CIBC Capital Markets acted as Joint Bookrunner on this offering.
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CIBC Trading 101

CIBC Capital Markets was proud to host junior analysts, associates, and interns from client companies for educational trading 101 sessions in Toronto and New York, in partnership with the TMX and NYSE respectively. The discussions focused on building practical understanding of trading in financial markets, including the emerging trends such as 24-hour trading, tokenization, and how these are reshaping today’s markets. Thank you to our partners and participants in both cities for helping foster timely and insightful conversations on the future of trading.
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Sonnedix successfully secured €730 million in financing to support the refinancing, optimization, and construction of renewable energy assets across Italy, Spain, Portugal, and France

Congratulations to Sonnedix on securing €730 million in financing to support the refinancing, optimization, and construction of renewable energy assets across Italy, Spain, Portugal, and France. This financing covers a portfolio of solar PV plants with a combined capacity of approximately 540MW as well as two battery energy storage system (BESS) assets, with Italy accounting for the largest share of the allocation at more than 350MW. CIBC Capital Markets is pleased to have acted as Initial Bank Facilities Arranger and Hedge Counterparty.
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Powerco successfully executes a dual track financing across a NZ$350 million 8-year Asian Term Loan (ATL) and A$350 million debut Australian Medium-term Note (MTN) issuance

Congratulations to Powerco on successfully executing a dual track financing across a NZ$350 million 8-year Asian Term Loan (ATL) and A$350 million debut Australian Medium-term Note (MTN) issuance. CIBC was proud to act as Mandated Lead Arranger and Bookrunner for the Asian Term Loan, as well as Swap Provider on the Medium-term note issuance.
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