skip to main content
 
 
 
News
In the News
Dec 14, 2017

Spin Master Corp. completes $150M secondary offering

Share:
Lexpert Magazine View original

On May 24, 2017, Spin Master Corp. (Spin Master) (TSX: TOY) completed a secondary offering of 3,681,000 subordinate voting shares at a price of $40.75 per subordinate voting share, indirectly, beneficially owned by the founders of Spin Master (the Selling Shareholders) for gross proceeds of approximately $150 million.

Spin Master is a leading global children’s entertainment company that creates, designs, manufactures, licenses and markets a diversified portfolio of innovative toys, games, products and entertainment properties.

The offering was made through an underwriting group co-led by RBC Capital Markets and TD Securities Inc., and that included BMO Capital Markets, CIBC Capital Markets, National Bank Financial Inc., Canaccord Genuity Corp., Cormark Securities Inc., Goldman Sachs Canada Inc. and Raymond James Ltd.

Spin Master was represented internally by Christopher Harrs, Executive Vice President and General Counsel, Corporate Secretary, and Karoline Hunter, Senior Director, Investor Relations & Associate General Counsel.

Torkin Manes LLP acted as Canadian counsel to the Selling Shareholders, and was led by Andrew Wilder, Yale Hertzman (corporate/securities), Wesley Isaacs (tax) and Linda Godel (not-for-profit/charities).

To read the complete details in Lexpert Magazine, click here

Related News

Firm News

Congratulations to our lawyers recognized in The 2020 Canadian Legal Lexpert Directory

Torkin Manes is pleased to announce that several firm members have been named as leaders in their fields in The 2020 Canadian Legal Lexpert Directory....
May 12, 2020
Firm News

Torkin Manes welcomes James Leech to our Corporate Finance & Securities and Business Law Groups

James Leech Torkin Manes is pleased to welcome James Leech who has joined our firm as an associate in our Corporate Finance & Securities and Business Law Groups. ...
Mar 2, 2020
In the News

Consider priorities before drafting purchase and sale agreements

Sammy Redlick Buying or selling a business can be a complex and emotional process for all involved, so it’s essential to do the proper due diligence with a cl...
Oct 23, 2019