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Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.

Fortis Completes C$690 Million Public Offering in United States and Canada

Fortis Inc. completed a public offering of common shares in the United States and Canada. Gross proceeds of the offering were approximately C$690 million. Fortis is a leader in the North American regulated electric and gas utility industry, serving utility consumers in nine U.S. states, five Canadian provinces and three Caribbean countries.

In this transaction, Paul, Weiss represented the underwriters, led by Scotia Capital Inc., CIBC Capital Markets and RBC Capital Markets.

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

December 30, 2019

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