Koch Pipelines Completes Secondary Offering

On April 25, 2002, Koch Pipelines Canada Ltd., the general partner of Koch Pipelines Canada, LP, completed a secondary offering of 35,626,800 class A limited liability partnership units of Koch Pipelines Canada, LP. The partnership owns and operates one of Canada’s largest crude oil pipeline feeder systems, with pipelines located in Alberta and Saskatchewan. Gross proceeds of $245,824,920 were raised. The secondary offering, completed on a bought deal basis, was offered through an underwriting syndicate led by Scotia Capital Inc.

Osler, Hoskin & Harcourt LLP represented Koch Pipelines Canada Ltd. in the secondary offering, with a team that included John Macfarlane and Andrea Whyte in Calgary, and Clay Horner, David Tetreault, Colin Berryman and Manjit Singh in Toronto. Wichita, Kansas-based Koch Industries, Inc. was represented by in-house counsel Tye Darland. Koch Pipelines Canada, LP was represented by Bill Maslechko, John Brussa and James Bell of Burnet, Duckworth & Palmer LLP. Nicole Andersen, Ross Bentley, Laura Chu, Pat Finnerty, Ed Gill, Raj Juneja and Dallas Droppo of Blake, Cassels & Graydon LLP in Calgary represented the underwriters.


Pat C. Finnerty John H. Macfarlane William S. Maslechko Sophie Gauthier Raj Juneja Andrea Whyte Edmund A. Gill Clay Horner Dallas L. Droppo Laura Pflughaupt Ross Bentley David T. Tetreault John A. Brussa Manjit Singh Colin B. Berryman