Middlefield Group completes financing of C$27.3M E Split Corp. Overnight Offering
June 23, 2020
27.30 Million CAD
On June 23, 2020, Middlefield Group completed the overnight offering of class A and preferred shares of ESplit Corp. for aggregate gross proceeds of approximately C$27.3 million. E Split Corp. will invest in common shares of Enbridge Inc., a North American oil and gas pipeline, gas processing and natural gas distribution company.
The syndicate of agents for the offering was co-led by CIBC World Markets and RBC Capital Markets, and included BMO Capital Markets, National Bank Financial Inc., Scotiabank, TD Securities Inc., Canaccord Genuity Corp., Raymond James Ltd., Industrial Alliance Securities Inc., Stifel GMP, Desjardins Securities Inc., Hampton Securities Limited, Mackie Research Capital Corporation, Manulife Securities Incorporated and Middlefield Capital Corporation.
McCarthy Tétrault LLP advised the syndicate of agents, with a team led by Andrew Armstrong that included Mariko Rivers (Business) and Gabrielle Richards (Tax).