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Barclays Canada gets the hat trick: three deals in three days

Barclays was part of the syndicate formed to sell US$550 million of equity that will be issued by Franco-Nevada.

One day after we mused whether Barclays Canada can make it three deals in 72 hours – we posed that like an issue or even a challenge – we’re able to think that the firm, one of British-based Barclays Bank, reached that goal.

But it had been close: it came following a markets closed.

Indeed its third offer Three days differs from another two: this time around round Barclays was part of the syndicate formed to advertise US$550 million of equity that is from Franco-Nevada. Four Canadian-bank owned firms – BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets and Scotiabank – were named because the key individuals the underwriting syndicate.

Barclays can be a co-manager round the financing which will see Franco sell 11.50 million shares towards the underwriters who’ll also sell those to investors at US$47.85 a share.

Barclay’s other two deals were within the M&A area include:

? On Monday it had been named because the financial adviser for the special committee formed at Amaya to judge the proposed going private transaction the ceo is contemplating;

?  Barclays was named C together with Morgan Stanley C because the financial adviser to ITC Holdings Corp., the Michigan-based power and transmission company which has chose to be acquired by Fortis for US$6.9 billion.

 

 

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