Linamar Corporation Completes $550-Million Private Placement of Senior Unsecured Notes
On June 22, 2023, Linamar Corporation announced that it has executed and closed a note purchase agreement pursuant to which it sold $550-million aggregate principal amount of 5.96% senior unsecured notes due June 30, 2033, to certain institutional accredited investors by way of private placement.
Linamar intends to use the proceeds of sale of the notes for general corporate purposes, including to fund the previously announced purchase of Dura-Shiloh’s battery enclosures business.
Aird & Berlis acted for Linamar, with a team led by Jill Fraser and including Michelle Chen, Angela Oh, Melanie Cole, Sam Billard and Gary Volman.
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With a calm demeanor and extensive experience in banking law, Jill remains poised in even the most testing circumstances.
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Michelle draws on her international business experience to provide practical and efficient banking and finance advice to large corporations and financ...
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Angela is a strong communicator and collaborator who advises financial institutions and private banking and finance clients.
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Whether advising her clients on public and private financings, mergers and acquisitions or corporate commercial matters, Melanie takes a client-first ...
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Drawing on his years of experience and pragmatic nature, Sam addresses clients’ financing and lending issues both in Canada and abroad.
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Gary is a trusted legal business partner and is committed to building long-standing client relationships.
