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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

Student Transportation Inc. Closes $75 Million Debenture Offering

2013

Areas Corporate Finance and Securities, Tax

Summary

Goodmans represented Student Transportation Inc. (“STI”) in connection with its completion of an offering of 6.25% convertible unsecured subordinated debentures due June 30, 2019 at a price of $1,000 per debenture for total gross proceeds of $75 million.

The offering of debentures was completed on a bought deal basis and was underwritten by a syndicate of underwriters led by BMO Nesbitt Burns Inc. and including Scotia Capital Inc., National Bank Financial Inc., TD Securities Inc. and Raymond James Ltd.  STI intends to use the net proceeds from the offering to repay indebtedness under STI’s credit facilities and for general corporate purposes.

STI is North America’s third-largest and most innovative supplier school bus transportation services and management services.