West Fraser Timber Co. Ltd. Completes US$300 Million Senior 10 Year Notes Offering 

 

October 15, 2014

On October 15, 2014, West Fraser Timber Co. Ltd. completed a private offering of US$300 million Senior Notes. The offering involved a syndicate of joint book-running managers consisting of J.P. Morgan, TD Securities and RBC Capital Markets and co-managers consisting of BMO Capital Markets, CIBC and Scotiabank. The proceeds of the offering were used to repay West Fraser's US$300 million notes issued in 2004 which matured on October 15, 2014.

West Fraser Timber Co. Ltd. was represented by McMillan LLP, with a team that included Tom Theodorakis, Stephen Wortley, Mike Taylor, Daniel Lau, Grant Wong, Alice Lin, Adam Kline, Kosta Kostic and Eugene Chen (capital markets), Graham Matthews and Navnit Duhra (banking and finance), Peter Botz and Christine Man (tax) and Allie Ketcham (due diligence).

West Fraser Timber Co. Ltd. was also represented by Shearman & Sterling LLP with a team that included Jason Lehner, Kevin Roggow and Drew Valentine (capital markets), and Larry Crouch and Ryan Bray (tax), in respect of US securities matters.

J.P. Morgan and the other members of the syndicate for the offering were represented by Davis Polk & Wardwell LLP, in New York, with a team that included Richard A. Drucker, Jon B. Shields, Jennifer Ying Lan (capital markets), and Blake, Cassels & Graydon LLP, in Vancouver, with a team that included Bob Wooder, Steve McKoen, and Mary Bartle (securities), and Kevin Zimka (tax).