Sébastien Roy

Partner

Sébastien Roy

Sébastien Roy

Partner

Sébastien advises on significant public and private mergers and acquisitions.

He also represents issuers and underwriters in public offerings and private placements of equity and debt securities, in both Canada and the U.S. He works extensively with REITS, financial institutions and financial technology and life science companies. Clients regularly turn to him for assistance with securities regulation compliance and corporate governance advice.

Sébastien is a long-standing contributor to Montréal’s vital arts scene, both as a fundraiser and as a volunteer. He is chairman of the board of Fondation de la Maison Théâtre.

Sébastien Roy

Partner

Sébastien advises on significant public and private mergers and acquisitions.

He also represents issuers and underwriters in public offerings and private placements of equity and debt securities, in both Canada and the U.S. He works extensively with REITS, financial institutions and financial technology and life science companies. Clients regularly turn to him for assistance with securities regulation compliance and corporate governance advice.

Sébastien is a long-standing contributor to Montréal’s vital arts scene, both as a fundraiser and as a volunteer. He is chairman of the board of Fondation de la Maison Théâtre.

Caisse de dépôt et placement du Québec

Acted for Caisse de dépôt et placement du Québec in the purchase of a block of shares of Stella-Jones Inc. from Stella Jones International S.A. for approximately $182 million pursuant to a private placement.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in connection with the issuance, on a bought deal basis, of $97,750,000 aggregate principal amount of convertible unsecured subordinated debentures.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in its $20-million overnight marketed offering of common shares.

BNP Paribas S.A.

Acted for BNP Paribas S.A. in connection with an investment by the Caisse de dépôt et placement du Québec in Innocap Investment Management Inc.

BMO Nesbitt Burns Inc.

Acted for a syndicate of agents co-led by BMO Nesbitt Burns Inc., National Bank Financial Inc. and CIBC World Markets Inc. on the following private placement by Metro Inc. to partially finance its acquisition of The Jean-Coutu Group (PJC) Inc.: $1.2 billion aggregate principal amount of 2.68% Series F senior unsecured notes due December 5, 2022; 3.39% Series G senior unsecured notes due December 6, 2027; and 4.27% Series H senior unsecured notes due December 4, 2047.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in the $40-million acquisition by its subsidiary L.B. Maple Treat Corporation of Decacer, a major bottler and distributor of branded and private label maple syrup and maple sugar, based in Dégelis, Québec.

BMO Nesbitt Burns Inc.

Acted for the Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Canada, which together have committed bank facilities of $3.4 billion to finance the cash portion of Metro Inc.'s $4.5 billion acquisition of The Jean Coutu Group Inc.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in connection with the $160.3 million acquisition of L.B. Maple Treat Corporation; and the issuance of $69.2 million subscription receipts on a bought deal basis, and $57.5 million of extendible convertible unsecured subordinated debentures.

IOU Financial Inc.

Acted for IOU Financial Inc. in connection with a private placement financing, with a brokered and a non-brokered portion, of approximately $3.5-million in common shares of the company.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in connection with the sale of its wholly owned subsidiary, Thallion Pharmaceuticals Inc., to Taro Pharmaceuticals Inc., including all the rights to the drug candidate Shigamab™.

Bank of America Merrill Lynch

Acted for Bank of America Merrill Lynch in Videotron Ltd.'s high-yield offering of US$600-million aggregate principal amount of 5 1/8% senior notes due 2027.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in connection with the exclusive worldwide licence agreement with The Neomed Institute to develop and commercialize BLU-5937 for the treatment of chronic cough.

BMO Nesbitt Burns Inc.

Acted for a syndicate of agents co-led by BMO Nesbitt Burns Inc., National Bank Financial Inc. and TD Securities Inc. in connection with a $400-million offering of Series E floating rate senior unsecured notes due February 27, 2020 by Metro Inc.

IOU Financial Inc.

Acted for IOU Financial Inc. in connection with its $2.3-million non-brokered private placement of common shares.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $200-million offering of trust units on a bought deal basis.

Caisse de dépôt et placement du Québec

Acted for the Caisse de dépôt et placement du Québec in connection with its initial $25-million investment in LASIK MD, Canada's largest vision correction leader, to help finance the acquisition of a minority interest in Vision Group Holdings, an American leader in vision correction, as well as its undertaking to provide for additional investments to finance future acquisitions.

Export-Import Bank of China

Acting for the Export-Import Bank of China in connection with the financing of the acquisition of Alter NRG Corp. by Harvest International New Energy, Co., Ltd.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its offering of 4.247% Series 10 Senior Unsecured Debentures due May 23, 2023 in the principal amount of $225 million.

La Coop fédérée

Acted for La Coop fédérée in connection with the combination of its Sonic division with Groupe Filgo for the purpose of merging their energy products distribution activities and their service stations operations.

IOU Financial Inc.

Acted for IOU Financial Inc. in connection with the issuance by way of private placement of $10.5 million of 10% convertible unsecured subordinated debentures due December 31, 2020.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with a public offering of its 4.164% Series 9 senior unsecured debentures due June 1, 2022 in the principal amount of $300 million.

RBC Dominion Securities Inc.

Acted for RBC Dominion Securities Inc. and a syndicate of underwriters on Videotron Ltd.'s $375-million aggregate issuance of 5.75% senior notes due January 15, 2026.

IOU Financial Inc.

Acted for IOU Financial Inc. in connection with its successful response to Qwave Capital LLC's unsolicited partial takeover bid, including in injunctive proceedings asserting a breach by Qwave of a confidentiality agreement.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its public offering of 7,901,650 trust units at a price of $19.65 per unit to a syndicate of underwriters led by National Bank Financial Inc. and BMO Capital Markets for total net proceeds of approximately $148.8 million.

National Bank Financial Inc.

Acted for National Bank Financial Inc. and a syndicate of agents on a $600 million aggregate private placement by Metro Inc. of 3.20% Series C Senior Unsecured Notes due December 1, 2021 and 5.03% Series D Senior Unsecured Notes due December 1, 2044.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the $1.527-billion acquisition of a portfolio of 11 shopping centres, three office properties and one industrial property from Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec. The firm also represented Cominar in financing the acquisition, through the issuance of $250 million of trust units to Ivanhoé Cambridge by way of private placement, the issuance of $250 million of trust units to the public by way of a bought deal, the establishment of new unsecured bridge facilities of up to $850 million, a $100-million unsecured credit facility, and mortgage financings of $250 million.

Caisse de dépôt et placement du Québec

Acted for CDP Financial Inc., a wholly owned subsidiary of La Caisse de dépôt et placement du Québec, in connection with an offering of US$2 billion of senior notes in the United States and Canada.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the closing of the re-opening of its offering of 4.941% Series 4 senior unsecured debentures due July 27, 2020 in the principal amount of $100 million.

CDP Financial Inc.

Acted for CDP Financial Inc., a wholly owned subsidiary of the Caisse de dépôt et placement du Québec, in connection with the establishment of its US$5-billion commercial paper program in the United States.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its offering of series 5 floating rate senior unsecured debentures due October 9, 2015 in the principal amount of $250 million.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in connection with its acquisition of Thallion Pharmaceuticals Inc.

National Bank Financial Inc.

Acted for the syndicate of underwriters led by National Bank Financial Inc. in connection with an issuance by Videotron Ltd. of a $400-million aggregate principal amount of senior notes offering due 2025.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the closing of the public offering of its 4.00% Series 3 senior unsecured debentures due November 2, 2020 in the principal amount of $100 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the closing of the re-opening of its 4.23% Series 2 senior unsecured debentures due December 4, 2019 in the principal amount of $100 million.

Richter LLP

Acted for Richter LLP in connection with its merger with SBLR LLP, a boutique financial advisory firm based in Toronto, Ontario.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its redemption of its Series A 6.30% convertible unsecured subordinated debentures maturing on June 30, 2014 and the filling of a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada regarding issue of debt securities having an offer price of up to $750 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $200-million offering of 4.23% senior unsecured debentures.

Wellspring Capital Partners

Acted as Canadian counsel to Wellspring Capital Partners in connection with the sale of its portfolio company, Omni Energy Corporation, to Gibson Energy Inc. for US$445 million subject to working capital adjustments.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $125-million public offering of Series 1 unsecured debentures due June 2017.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $276-million offering of trust units on a bought deal basis.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $697-million acquisition of 68 office and industrial properties in Montréal and Ottawa from GE Capital Real Estate.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $150-million public offering of units.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its unsolicited takeover bid for Canmarc Real Estate Investment Trust, valued at approximately $904 million.

CIBC World Markets Inc. (and a syndicate of underwriters)

Acted for a syndicate of underwriters led by CIBC World Markets Inc. in a $200-million offering by Cogeco Cable of 5.15% senior secured debentures due in 2020.

AM Total Investments (GP)

Acted for AM Total Investments (GP), a general partnership wholly owned by the Dallaire family, which concluded a transaction to monetize one million units of Cominar REIT.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in its $115-million public offering, after full exercise of the underwriters' over-allotment option.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in its bought deal public offering of $86-million principal amount of convertible unsecured subordinated debentures.

CDP Financial Inc.

Acted for CDP Financial Inc., a wholly owned subsidiary of the Caisse de dépôt et placement du Québec, in connection with an offering of $2 billion of senior notes, comprised of $1 billion of FRN (floating rate note) senior notes due 2015 and $1 billion of senior notes due 2020.

RBC Dominion Securities Inc. and a syndicate of underwriters

Acted for RBC Dominion Securities Inc. and a syndicate of underwriters in a $300-million offering of Videotron Ltd.'s senior notes due 2020.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in its takeover bid for Overland Realty Limited in an all-cash deal that valued Overland at $70.9 million.

CDP Financial Inc.

Acted for CDP Financial Inc., a wholly owned subsidiary of the Caisse de dépôt et placement du Québec, in connection with an offering of US$5 billion of senior notes in the United States. This offering was the largest non-government guaranteed offering by any Canadian issuer in US dollars at the time.

Rossy and Assaly families

Acted for the founders of Dollarama Inc. in connection with the corporation's $300 million initial public offering of common shares.

Guide

2018 Canadian Capital Markets Report: Looking Back, Looking Ahead

May 03, 2018 - While global markets remained volatile in 2017, Canadian capital markets saw a resurgence of IPOs and the emergence of new industries such as cannabis and blockchain. Canadian regulators also kept busy in 2017 responding to shareholder complaints and investigating ways to reduce the regulatory...

In the News

Sébastien Roy Interviewed by Lexpert about Dealmaking in the Maple Syrup Business

Feb. 13, 2018 - Davies partner Sébastien Roy was recently interviewed for a Lexpert Magazine article about transactions in the maple syrup industry, including Rogers Sugar’s (RSI’s) $160.3-million acquisition of L.B. Maple Treat (LBMT) last August.Sébastien believes it was the right time for RSI and its...

Guide

Canadian Capital Markets Report 2017: Looking Back, Looking Ahead

Mar. 31, 2017 - Canadian capital markets in 2016 were turbulent and unpredictable, to say the least. Factors that contributed to shaky investor confidence included the unprecedented British vote to exit the European Union, the hard fought and (to some) surprising result of the U.S. presidential election, a...

Bulletin

Women on Boards and in Senior Management: Final Disclosure Rules Released

Oct. 15, 2014 - On October 15, 2014, the securities regulatory authorities of Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Québec and Saskatchewan (the participating jurisdictions) announced the final amendments to National Instrument 58-101...

Bulletin

CSA Propose Amendments to Streamline Venture Issuers Disclosure

June 03, 2014 - On May 22, 2014, the Canadian Securities Administrators (the CSA) published for comment proposed amendments to National Instrument 51-102 Continuous Disclosure Obligations (referred to in Québec as Regulation 51-102 respecting Continuous Disclosure Obligations) (collectively, NI...

IFLR1000: The Guide to the World’s Leading Financial Law Firms—Capital Markets: Debt; Capital Markets: Equity

The Canadian Legal Lexpert Directory—Corporate Finance and Securities

The Best Lawyers in Canada—Mergers and Acquisitions Law; Securities Law

Bar Admissions

Québec, 2003

Education

Harvard Law School, Executive Education: Accelerated Leadership Program, 2016
McGill University, BCL/LLB (with Great Distinction), 2002
McGill University, BA Philosophy (with Distinction), 1999

Board Memberships

The Canadian Club of Montréal, director
BELLUS Health Inc., corporate secretary
Fondation de la Maison Théâtre, chairman

Sébastien advises on significant public and private mergers and acquisitions.

He also represents issuers and underwriters in public offerings and private placements of equity and debt securities, in both Canada and the U.S. He works extensively with REITS, financial institutions and financial technology and life science companies. Clients regularly turn to him for assistance with securities regulation compliance and corporate governance advice.

Sébastien is a long-standing contributor to Montréal’s vital arts scene, both as a fundraiser and as a volunteer. He is chairman of the board of Fondation de la Maison Théâtre.

Caisse de dépôt et placement du Québec

Acted for Caisse de dépôt et placement du Québec in the purchase of a block of shares of Stella-Jones Inc. from Stella Jones International S.A. for approximately $182 million pursuant to a private placement.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in connection with the issuance, on a bought deal basis, of $97,750,000 aggregate principal amount of convertible unsecured subordinated debentures.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in its $20-million overnight marketed offering of common shares.

BNP Paribas S.A.

Acted for BNP Paribas S.A. in connection with an investment by the Caisse de dépôt et placement du Québec in Innocap Investment Management Inc.

BMO Nesbitt Burns Inc.

Acted for a syndicate of agents co-led by BMO Nesbitt Burns Inc., National Bank Financial Inc. and CIBC World Markets Inc. on the following private placement by Metro Inc. to partially finance its acquisition of The Jean-Coutu Group (PJC) Inc.: $1.2 billion aggregate principal amount of 2.68% Series F senior unsecured notes due December 5, 2022; 3.39% Series G senior unsecured notes due December 6, 2027; and 4.27% Series H senior unsecured notes due December 4, 2047.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in the $40-million acquisition by its subsidiary L.B. Maple Treat Corporation of Decacer, a major bottler and distributor of branded and private label maple syrup and maple sugar, based in Dégelis, Québec.

BMO Nesbitt Burns Inc.

Acted for the Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Canada, which together have committed bank facilities of $3.4 billion to finance the cash portion of Metro Inc.'s $4.5 billion acquisition of The Jean Coutu Group Inc.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in connection with the $160.3 million acquisition of L.B. Maple Treat Corporation; and the issuance of $69.2 million subscription receipts on a bought deal basis, and $57.5 million of extendible convertible unsecured subordinated debentures.

IOU Financial Inc.

Acted for IOU Financial Inc. in connection with a private placement financing, with a brokered and a non-brokered portion, of approximately $3.5-million in common shares of the company.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in connection with the sale of its wholly owned subsidiary, Thallion Pharmaceuticals Inc., to Taro Pharmaceuticals Inc., including all the rights to the drug candidate Shigamab™.

Bank of America Merrill Lynch

Acted for Bank of America Merrill Lynch in Videotron Ltd.'s high-yield offering of US$600-million aggregate principal amount of 5 1/8% senior notes due 2027.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in connection with the exclusive worldwide licence agreement with The Neomed Institute to develop and commercialize BLU-5937 for the treatment of chronic cough.

BMO Nesbitt Burns Inc.

Acted for a syndicate of agents co-led by BMO Nesbitt Burns Inc., National Bank Financial Inc. and TD Securities Inc. in connection with a $400-million offering of Series E floating rate senior unsecured notes due February 27, 2020 by Metro Inc.

IOU Financial Inc.

Acted for IOU Financial Inc. in connection with its $2.3-million non-brokered private placement of common shares.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $200-million offering of trust units on a bought deal basis.

Caisse de dépôt et placement du Québec

Acted for the Caisse de dépôt et placement du Québec in connection with its initial $25-million investment in LASIK MD, Canada's largest vision correction leader, to help finance the acquisition of a minority interest in Vision Group Holdings, an American leader in vision correction, as well as its undertaking to provide for additional investments to finance future acquisitions.

Export-Import Bank of China

Acting for the Export-Import Bank of China in connection with the financing of the acquisition of Alter NRG Corp. by Harvest International New Energy, Co., Ltd.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its offering of 4.247% Series 10 Senior Unsecured Debentures due May 23, 2023 in the principal amount of $225 million.

La Coop fédérée

Acted for La Coop fédérée in connection with the combination of its Sonic division with Groupe Filgo for the purpose of merging their energy products distribution activities and their service stations operations.

IOU Financial Inc.

Acted for IOU Financial Inc. in connection with the issuance by way of private placement of $10.5 million of 10% convertible unsecured subordinated debentures due December 31, 2020.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with a public offering of its 4.164% Series 9 senior unsecured debentures due June 1, 2022 in the principal amount of $300 million.

RBC Dominion Securities Inc.

Acted for RBC Dominion Securities Inc. and a syndicate of underwriters on Videotron Ltd.'s $375-million aggregate issuance of 5.75% senior notes due January 15, 2026.

IOU Financial Inc.

Acted for IOU Financial Inc. in connection with its successful response to Qwave Capital LLC's unsolicited partial takeover bid, including in injunctive proceedings asserting a breach by Qwave of a confidentiality agreement.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its public offering of 7,901,650 trust units at a price of $19.65 per unit to a syndicate of underwriters led by National Bank Financial Inc. and BMO Capital Markets for total net proceeds of approximately $148.8 million.

National Bank Financial Inc.

Acted for National Bank Financial Inc. and a syndicate of agents on a $600 million aggregate private placement by Metro Inc. of 3.20% Series C Senior Unsecured Notes due December 1, 2021 and 5.03% Series D Senior Unsecured Notes due December 1, 2044.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the $1.527-billion acquisition of a portfolio of 11 shopping centres, three office properties and one industrial property from Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec. The firm also represented Cominar in financing the acquisition, through the issuance of $250 million of trust units to Ivanhoé Cambridge by way of private placement, the issuance of $250 million of trust units to the public by way of a bought deal, the establishment of new unsecured bridge facilities of up to $850 million, a $100-million unsecured credit facility, and mortgage financings of $250 million.

Caisse de dépôt et placement du Québec

Acted for CDP Financial Inc., a wholly owned subsidiary of La Caisse de dépôt et placement du Québec, in connection with an offering of US$2 billion of senior notes in the United States and Canada.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the closing of the re-opening of its offering of 4.941% Series 4 senior unsecured debentures due July 27, 2020 in the principal amount of $100 million.

CDP Financial Inc.

Acted for CDP Financial Inc., a wholly owned subsidiary of the Caisse de dépôt et placement du Québec, in connection with the establishment of its US$5-billion commercial paper program in the United States.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its offering of series 5 floating rate senior unsecured debentures due October 9, 2015 in the principal amount of $250 million.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in connection with its acquisition of Thallion Pharmaceuticals Inc.

National Bank Financial Inc.

Acted for the syndicate of underwriters led by National Bank Financial Inc. in connection with an issuance by Videotron Ltd. of a $400-million aggregate principal amount of senior notes offering due 2025.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the closing of the public offering of its 4.00% Series 3 senior unsecured debentures due November 2, 2020 in the principal amount of $100 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the closing of the re-opening of its 4.23% Series 2 senior unsecured debentures due December 4, 2019 in the principal amount of $100 million.

Richter LLP

Acted for Richter LLP in connection with its merger with SBLR LLP, a boutique financial advisory firm based in Toronto, Ontario.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its redemption of its Series A 6.30% convertible unsecured subordinated debentures maturing on June 30, 2014 and the filling of a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada regarding issue of debt securities having an offer price of up to $750 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $200-million offering of 4.23% senior unsecured debentures.

Wellspring Capital Partners

Acted as Canadian counsel to Wellspring Capital Partners in connection with the sale of its portfolio company, Omni Energy Corporation, to Gibson Energy Inc. for US$445 million subject to working capital adjustments.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $125-million public offering of Series 1 unsecured debentures due June 2017.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $276-million offering of trust units on a bought deal basis.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $697-million acquisition of 68 office and industrial properties in Montréal and Ottawa from GE Capital Real Estate.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its $150-million public offering of units.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with its unsolicited takeover bid for Canmarc Real Estate Investment Trust, valued at approximately $904 million.

CIBC World Markets Inc. (and a syndicate of underwriters)

Acted for a syndicate of underwriters led by CIBC World Markets Inc. in a $200-million offering by Cogeco Cable of 5.15% senior secured debentures due in 2020.

AM Total Investments (GP)

Acted for AM Total Investments (GP), a general partnership wholly owned by the Dallaire family, which concluded a transaction to monetize one million units of Cominar REIT.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in its $115-million public offering, after full exercise of the underwriters' over-allotment option.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in its bought deal public offering of $86-million principal amount of convertible unsecured subordinated debentures.

CDP Financial Inc.

Acted for CDP Financial Inc., a wholly owned subsidiary of the Caisse de dépôt et placement du Québec, in connection with an offering of $2 billion of senior notes, comprised of $1 billion of FRN (floating rate note) senior notes due 2015 and $1 billion of senior notes due 2020.

RBC Dominion Securities Inc. and a syndicate of underwriters

Acted for RBC Dominion Securities Inc. and a syndicate of underwriters in a $300-million offering of Videotron Ltd.'s senior notes due 2020.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in its takeover bid for Overland Realty Limited in an all-cash deal that valued Overland at $70.9 million.

CDP Financial Inc.

Acted for CDP Financial Inc., a wholly owned subsidiary of the Caisse de dépôt et placement du Québec, in connection with an offering of US$5 billion of senior notes in the United States. This offering was the largest non-government guaranteed offering by any Canadian issuer in US dollars at the time.

Rossy and Assaly families

Acted for the founders of Dollarama Inc. in connection with the corporation's $300 million initial public offering of common shares.

Guide

2018 Canadian Capital Markets Report: Looking Back, Looking Ahead

May 03, 2018 - While global markets remained volatile in 2017, Canadian capital markets saw a resurgence of IPOs and the emergence of new industries such as cannabis and blockchain. Canadian regulators also kept busy in 2017 responding to shareholder complaints and investigating ways to reduce the regulatory...

In the News

Sébastien Roy Interviewed by Lexpert about Dealmaking in the Maple Syrup Business

Feb. 13, 2018 - Davies partner Sébastien Roy was recently interviewed for a Lexpert Magazine article about transactions in the maple syrup industry, including Rogers Sugar’s (RSI’s) $160.3-million acquisition of L.B. Maple Treat (LBMT) last August.Sébastien believes it was the right time for RSI and its...

Guide

Canadian Capital Markets Report 2017: Looking Back, Looking Ahead

Mar. 31, 2017 - Canadian capital markets in 2016 were turbulent and unpredictable, to say the least. Factors that contributed to shaky investor confidence included the unprecedented British vote to exit the European Union, the hard fought and (to some) surprising result of the U.S. presidential election, a...

Bulletin

Women on Boards and in Senior Management: Final Disclosure Rules Released

Oct. 15, 2014 - On October 15, 2014, the securities regulatory authorities of Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Québec and Saskatchewan (the participating jurisdictions) announced the final amendments to National Instrument 58-101...

Bulletin

CSA Propose Amendments to Streamline Venture Issuers Disclosure

June 03, 2014 - On May 22, 2014, the Canadian Securities Administrators (the CSA) published for comment proposed amendments to National Instrument 51-102 Continuous Disclosure Obligations (referred to in Québec as Regulation 51-102 respecting Continuous Disclosure Obligations) (collectively, NI...

IFLR1000: The Guide to the World’s Leading Financial Law Firms—Capital Markets: Debt; Capital Markets: Equity

The Canadian Legal Lexpert Directory—Corporate Finance and Securities

The Best Lawyers in Canada—Mergers and Acquisitions Law; Securities Law

Bar Admissions

Québec, 2003

Education

Harvard Law School, Executive Education: Accelerated Leadership Program, 2016
McGill University, BCL/LLB (with Great Distinction), 2002
McGill University, BA Philosophy (with Distinction), 1999

Board Memberships

The Canadian Club of Montréal, director
BELLUS Health Inc., corporate secretary
Fondation de la Maison Théâtre, chairman