March 29, 2019

The Lifecycle of a Cross-Border Bond: So You Want to Do a Deal in Canada, Eh?

This program explores the life cycle of U.S./Canada cross-border bonds. In particular, the program will explore eligibility of the indenture trustee, Canadian regulatory issues, and default and insolvency. Further, we discuss some recent developments in Canada, including the legalization of cannabis in Canada and how that industry is financed.

These issues are significant given the huge volume of such cross-border transactions. Crossborder transactions between the US and Canada increased 30% from 2017 to 2018 with southbound deals into the US increasing 40% from US$80.56 billion to US$112.0 billion, while northbound deals into Canada decreased 9.8% from US$21.52 billion to US$19.42.

Premium Content For:
  • Business Law Section
  • CL1903SPR - 2019 Business Law Section Spring Meeting