Specialty Foods Group Income Fund Completes IPO

Specialty Foods Group Income Fund completed its $201 million initial public offering on April 1, 2003. The fund owns an approximate 55 per cent interest in U.S.-based Specialty Foods Group Inc.
The fund and the existing investors of Specialty Foods were represented in Canada, by Torys LLP with a team that included Phil Brown, Kevin Morris, Mark Adkins, Melinda Anderson, Corrado Cardarelli, Ann Marie McGovern, Peter Keenan, Jeff Scheine, Gary Gartner and Pamela Petree; and in the U.S., by Scott Williams, Brooks Gruemmer, Kathryn Moore and Dan Zucker of McDermott, Will & Emery in Chicago.

The offering was led by CIBC World Markets Inc. and BMO Nesbitt Burns Inc., with a syndicate that included RBC Dominion Securities Inc., National Bank Financial Inc., Scotia Capital Inc. and TD Securities Inc. The underwriters were represented in Canada, by Osler, Hoskin & Harcourt LLP with a team that included Andrew Aziz, John Leddy, Brian Temins, Andrew Kingissepp and Ronit Florence; and in the U.S., by Joseph Kronsnoble and Jennifer Love of Latham & Watkins LLP in Chicago.