Telesat Completes Public Offering

On November 8, 2001, Telesat Canada, a world leader in satellite operations and systems management, completed its public offering of 8.20 per cent series 2001 notes due November 7, 2008 in an aggregate principal amount of $125 million. Telesat is a wholly owned subsidiary of BCE Inc., one of the world’s premier telecommunications companies.

Telesat’s vice-president, law, Jennifer Perkins was assisted by a Stikeman Elliott team led by Jamie Davis and Ron Ferguson included Matthew Howorth (securities) and Julie Muirhead (tax). A syndicate of underwriters was led by CIBC World Markets Inc. and National Bank Financial, and included BMO Nesbitt Burns Inc. and RBC Capital Markets Inc. Osler, Hoskin & Harcourt LLP acted for the underwriters with a team led by James Fordyce and Don Gilchrist that included Alexis Gosselin (securities) and Monica Biringer (tax).

Lawyer(s)

Donald G. Gilchrist Monica E. Biringer Matthew J. Howorth Julie J. DiGregorio Ron Ferguson James C. Davis Alexis Gosselin