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WSP Global closes C$502 million public offering and C$70 million concurrent private placement of common shares

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On June 17, 2020, WSP Global Inc. (“WSP”), one of the world’s leading professional services firms, completed a bought deal public offering of 5,842,000 common shares (including the full exercise of the over-allotment option granted to the syndicate of underwriters) for aggregate gross proceeds of approximately $502 million. In addition, the Corporation issued an aggregate of 817,200 common shares through the Concurrent Private Placement with Caisse de dépôt et placement du Québec and a subsidiary of Canada Pension Plan Investment Board, for aggregate gross proceeds of approximately $70 million.

The offering was conducted by a syndicate of underwriters co-led by CIBC World Markets Inc., National Bank Financial Inc., and TD Securities Inc., and included BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Raymond James Ltd., Scotiabank Capital Inc., Desjardins Securities Inc., J.P. Morgan Securities Canada Inc., AltaCorp Capital Inc., Canaccord Genuity Corp., HSBC Securities (Canada) Inc., and Laurentian Bank Securities Inc.

Fasken advised the underwriters in this transaction with a team composed of Jean-Pierre Chamberland, Jean Michel Lapierre, Marie-Christine Valois and Oleg Stratiev.



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