800 Victoria Sq, Suite 3500, PO Box 242, The Stock Exchange Twr, Montréal, QC
Year called to bar: 1987 (QC); 1988 (ON)
Claude E. Jodoin practises tax law, with a focus on corporate financing, financial instruments, the purchase and sale of companies, and reorganizations. Claude regularly assists financial institutions during major mandates dealing with large public issues of securities. He also advises large national and international public and private corporations on reorganization. The high technology and biotechnology industries continue to evolve, and Claude helps clients develop corporate finance structures that benefit from the maximum scientific research and experimental development tax incentives. Claude is actively involved in goods and services tax matters, and some of Claude’s interventions before the provincial and federal tax authorities have resulted in major legislative or regulatory amendments.
On October 26, 2018, Stingray Digital Group Inc. (TSX: RAY.A; RAY.B), a leading music, media and technology company, completed the acquisition of Newfoundland Capital Corporation Limited (TSX: NCC.A; NCC.B), one of Canada’s leading radio broadcasters with 101 broadcast licences (72 radio stations and 29 repeating signals) across Canada, in a transaction valued at approximately $506 million.
On January 10, 2019, a consortium consisting of Air Canada, Toronto-Dominion Bank (“TD”), Canadian Imperial Bank of Commerce (“CIBC”) and Visa Canada Corp. (“Visa”) announced the successful closing of its purchase of Aimia Canada Inc., owner and operator of the Aeroplan Loyalty Business, from Aimia Inc.
On December 14, 2017, Alimentation Couche-Tard Inc., the largest independent convenience store operator in North America, completed a US private offering of US$600 million principal amount of 2.350 per cent senior unsecured notes due 2019 and US$300 million principal amount of floating rate senior unsecured notes due 2019 (collectively, the Notes).
Stingray Digital Group Inc. (Stingray) completed a public offering of an aggregate of 4,900,200 subordinate voting shares and variable subordinate voting shares, inclusive of 552,200 subordinate voting shares issued pursuant to the partial exercise of the over-allotment option, on a bought deal basis, at a price of $9.20 per share for gross proceeds of approximately $45.1 million.
On October 3, 2016, Laurentian Bank of Canada (Laurentian Bank) announced the completion of its acquisition of the Canadian equipment financing and corporate financing activities of CIT Group Inc. (CIT), a portfolio valued at approximately $1 billion (the Acquisition).
On February 24, 2016, Nasdaq, Inc. (Nasdaq), by its newly formed, wholly owned subsidiaries, Maiclair Holdings ULC and Farm Church Holdings ULC, completed the acquisition of Marketwired L.P. (Marketwired), a leading global newswire operator and press release distributor company and a portfolio company of OMERS Private Equity.
On February 1, 2016, GFL Environmental Inc. (GFL) completed the acquisition of the Matrec solid waste division from TransForce Inc. (TSX: TFI, OTCQX: TFIFF) for $800 million. The acquisition was funded in part by the private offering of US$300 million in aggregate principal amount of senior unsecured notes due 2021 (the Note Offering) through a syndicate of broker dealers led by Credit Suisse, BMO Capital Markets and Barclays and including Scotiabank, CIBC Capital Markets, Comerica Securities, National Bank of Canada Financial Markets and Raymond James (the Dealers).
On June 3, 2015, Stingray Digital Group Inc. completed the initial public offering of its subordinate voting shares and variable subordinate voting shares at a price of $6.25 per share. The shares began trading on the Toronto Stock Exchange under the symbols RAY.A and RAY.B, respectively.
On June 2, 2015, Alimentation Couche-Tard Inc., the largest independent convenience store operator in North America, completed a private placement of $700-million principal amount of 3.60 per cent Series 5 senior unsecured notes due 2025 (the Notes) for total net proceeds of approximately $696.5 million, after deducting the agents’ fees and the estimated expenses of the offering.
Postmedia Network Inc. (Postmedia) completed the acquisition of Sun Media Corporation’s (Sun Media) English language newspapers and speciality publications, as well as digital properties including the Sun chain of dailies, consisting of The Toronto Sun, The Ottawa Sun, The Winnipeg Sun, The Calgary Sun and The Edmonton Sun, as well as The London Free Press and the free 24 Hours dailies in Toronto and Vancouver, from Quebecor Media Inc. (the Sun Media Acquisition).
Lumenpulse Inc. completed an initial public offering of its common shares. In connection with the initial public offering, Lumenpulse issued 6.25 million common shares at a price of $16 for a total of $100 million, and the common shares began trading on the Toronto Stock Exchange under the symbol “LMP.”