Use of cookies by
Norton Rose Fulbright
We use cookies to deliver our online services. Details and instructions on how to disable those cookies are set out at nortonrosefulbright.com/cookies-policy. By continuing to use this website you agree to our use of our cookies unless you have disabled them.

Toronto advises Canadian Tire Corporation, Limited on C$650 million unsecured medium term note offering

July 3, 2018 Client: Canadian Tire Corporation

Our Toronto office advised Canadian Tire Corporation, Limited on a completed C$650 million unsecured medium term note offering. 

The offering consisted of C$250 million 2.646% Series E unsecured medium term notes due July 6, 2020; and C$400 million 3.167% Series F unsecured medium term notes due July 6, 2023.

The net proceeds of the offering will be used by Canadian Tire to finance a portion of the previously announced acquisition of Helly Hansen, to repay indebtedness and / or for general corporate purposes.

The team was led by Pierre Dagenais, assisted by Seemal Patel and Trevor Zeyl.