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Paul, Weiss is an acknowledged leader among U.S. law firms representing Canadian public and private companies and their underwriters. With almost 50 years of history in Canada and an office in Toronto, our vibrant Canada practice is the largest among U.S. law firms and reflects our long-standing commitment to our clients in their Canadian–U.S. cross-border matters.

Mountain Province Diamonds Closes $330 Million Offering of Senior Secured Second Lien Notes

Paul, Weiss advised Mountain Province Diamonds Inc. in its offering of $330 million aggregate principal amount of 8.000% senior secured second lien notes due 2022. The offering was made pursuant to Rule 144A and outside the United States pursuant to Regulation S. Credit Suisse Securities (USA) LLC and Scotia Capital (USA) Inc. acted as joint book-running managers for the offering. Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada’s Northwest Territories. Gahcho Kué is the world’s largest new diamond mine, consisting of a cluster of four diamondiferous kimberlites, three of which are being developed and mined under the initial 12-year mine plan.

The Paul, Weiss team included corporate partners Christopher Cummings and Adam Givertz and counsel Stephen Centa; tax partner David Mayo; and environmental counsel William O’Brien.

December 11, 2017

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