79 Wellington St W, Suite 3000, Box 270, TD Ctr, Toronto, ON
Year called to bar: 1980 (ON)
Richard Balfour is a senior lawyer with extensive experience leading corporate and securities transactions both domestically and internationally. Richard’s practice focuses on corporate and securities law, and he has substantial experience as lead counsel in both Canadian and international public and private mergers and acquisitions, and public and private offerings of securities, including privatizations and demutualizations. He also has deep experience advising securities regulators and governments on regulation of securities markets, including legislative drafting.
On November 5, 2015, Hydro One Limited, the largest electricity transmission and distribution company in Ontario, announced the closing of its initial public offering by way of secondary sale pursuant to which the Province of Ontario offered 81,100,000 common shares at $20.50 per share for total gross proceeds to the Province of approximately $1.66 billion. This was the biggest Canadian IPO in the last 15 years.