Canadian Bonds Calendar

MARCH

CANADA MORTGAGE AND HOUSING CORP.: Five-year Canada Mortgage Bonds; pricing expected mid-March; Canada Mortgage and Housing offers financing, mortgage loan insurance, mortgage-backed securities and other programs.

CANADIAN SATELLITE RADIO HOLDINGS INC.: (parent company of XM CANADA): about C$150 million of 9.75% senior notes due 2018; National Bank Financial Inc. and Canaccord Genuity Corp.; to help fund the all-stock merger of XM Canada with Sirius Canada Inc.; pricing expected in early March.

PROVINCE OF ONTARIO: 10-year notes; pricing expected in March.

ON THE HORIZON

FLAKEBOARD CO. LTD.: $225 million seven-year senior secured notes (B2/B/); J.P. Morgan Securities LLC, Goldman Sachs & Co.; non-callable for four years; to repay bank debt; Markham, Ont.-based manufacturer of composite panel products.

KRUGER INC.: Up to C$210 million PIK notes; GMP Securities; project finance; Montreal-based paper products manufacturer.

NAL ENERGY CORP.: C$150 million to C$250 million of bonds; RBC Capital Markets Corp. and BMO Capital Markets Corp.; NAL Energy is a Calgary, Alta.-based oil and gas producer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.