Skip to main content
Client Work

Aimia completes the offering of US$200 million aggregate principal amount of 4.35% Senior Secured Notes Series 5

Fasken
Reading Time 1 minute read Subscribe
Client

Confidential Clients

On November 22, 2012, Aimia Inc. ("Aimia"), a global leader in loyalty management, completed the offering of $200 million aggregate principal amount of 4.35% Senior Secured Notes Series 5 due 2018 (the "Notes"). The offering of the Notes was made through an underwriting syndicate led by CIBC World Markets Inc., RBC Dominion Securities Inc. and TD Securities Inc. Aimia intends to use approximately $88 million of the net proceeds of the offering to finance the previously announced acquisition of an additional 20% equity interest in Premier Loyalty & Marketing, S.A.P.I. de C.V., owner and operator of Club Premier, Mexico's leading coalition loyalty program, and related fees and expenses, and to use the remaining net proceeds of approximately $110 million for general corporate purposes. The underwriters were represented by Fasken Martineau DuMoulin LLP with a team led by Peter Villani (Securities and Corporate), assisted by Monica Dingle (Securities and Corporate), as well as Chloé Archambault (Banking).

    Subscribe

    Receive email updates from our team

    Subscribe