TIW Closes Secondary Offering

On September 25, 2003, Telesystem International Wireless Inc. (TIW) closed a $83 million secondary offering of 12,960,128 common shares to allow Capital Communications CDPQ Inc. (CDPQ) and its affiliates within Caise de dépôt et placement du Québec to sell all their common shares in TIW. The offering was underwritten by BMO Nesbitt Burns.

TIW was represented by in-house counsel Margriet Zwarts, Helene Hallak and Grégoire Baillargeon, and by Fasken Martineau DuMoulin LLP with a team that included Robert Paré, Gilles Leclerc, Marie-Josée Neveu and Catherine Isabelle (corporate) and Benoit Dupuis and Thomas Copeland (tax).

CDPQ was represented by McCarthy Tetrault LLP, with a team that included Daniel Benay and Juliette d’Hollander (corporate) and Claude Desaulmers (tax). BMO Nesbitt Burns was represented by Ogilvy Renault, with a team that included Norman Steinberg and Steve Malas (securities), Andrew Bleau (securities and U.S. matters) and Éric Gélinas (tax) in Montreal and Cathy Singers (securities) in Toronto.


Charles J. L. Hardy Marie-Josée Neveu Gilles Leclerc Thomas W. Copeland Norman M. Steinberg Steve Malas Elizabeth M. Traynor Juliette D'Hollander Wolfe D. Goodman