Uranium One sets precedent with US$463.5 million bond offering

On December 8, 2011, Uranium One Inc. ("Uranium One") announced that it was successful in completing its offering of bonds in Russia for gross proceeds of US$463.5 million. This is a precedent-setting transaction as it is the first time a Canadian public company has issued bonds in Russia. Uranium One is one of the world's largest publicly traded uranium producers with assets located in Kazakhstan, the United States and Australia. Fasken Martineau assisted Uranium One with a team of lawyers lead by John Turner, John Elias, Greg Ho Yuen, Ronald Nobrega and Samir Murji.