A total of 224 Debt Offering deals (pending and completed) were announced in Canada, in the last twelve months resulting in a total deal value of over $78,791.1 million. In the LTM period, June 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $11,424.8 million, resulting in an average deal value of $368.5 million during that month. On the other hand, the month of June 2021 was the most prolific in terms of deal volume, recording a total of 31 deals, resulting in an average deal value of $368.5 million during that month.
Of the 224 deals, the deal secured between IC Capitalight Corp and Stone Investment Group Ltd, was the largest Debt Offering deal in the Canada, which was valued at $1,000.0 million and was completed on July 9, 2021. The second-largest deal was between Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada Wealth Management; Royal Bank of Canada; The Bank of Nova Scotia and Sandstorm Gold Ltd, while the third-largest deal was between Commonwealth Bank of Australia and Oxford Properties Group. The Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada Wealth Management; Royal Bank of Canada; The Bank of Nova Scotia-Sandstorm Gold Ltd deal and the Commonwealth Bank of Australia-Oxford Properties Group deal were valued at $277.9 million and $97.6 million, respectively. The fourth-largest deal was between BTG Pactual; ItaU BBA Trading S.A.-Canadian Solar Inc valued at $96.3 million, whereas the deal between HSBC Bank Canada; Royal Bank of Canada-PRT Growing Services Ltd. valued at $74.5 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $1,546.3 million and accounted for nearly 1.96% of the total deals (by value) announced during the last twelve months.
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