MacDonald, Dettwiler completes $135 million share distribution

On April 16, 2002, an underwriting syndicate led by RBC Dominion Securities Inc. including TD Securities Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and Raymond James Inc. completed a $135 million secondary distribution of common shares of Richmond B.C. based MacDonald, Dettwiler and Associates Ltd. acquired in a "bought deal" from a group of shareholders consisting of Ontario Teachers' Pension Plan Board, a subsidiary of B.C. Investment Management Ltd., CAI Capital Partners and two related entities and James Richardson & Sons, Limited.

The Underwriters were represented by Peter Stafford QC, Lata Casciano and Adrian Dirassar (securities) of Fasken Martineau's Vancouver office.