Air Canada
As part of restructuring under the Companies' Creditors Arrangement Act (CCAA), which is similar to Chapter 11 of the U.S. bankruptcy code,
Raised C$1.1 billion of new equity capital through a combination of underwritten rights offering (C$850 million) and private equity (C$250 million); one of the largest passenger air carrier equity raises in history.
Advised on the arrangement of C$540 million of exit debt financing