Inslee Best is Washington Counsel in $450mil Finance Transaction

Inslee Best shareholder Andrew Symons, together with the firm’s newest addition, Kay Brossard, handled the corporate work for one of the firm’s long-standing, Western Washington based clients and its seven Washington subsidiaries in connection with a $450mil refinance transaction recently closed by the client’s parent, a publicly traded British Columbia corporation. The parent’s offering of senior unsecured notes was consummated by private placement to qualified U.S. and Canadian investors.

Other U.S. firms involved in the transaction included the Tacoma firm of Miller Malone & Tellefson (gaming law for U.S. subsidiaries); Schwabe, Williamson & Wyatt (Oregon counsel); Paul, Weiss, Rifkind, Wharton & Garrison (U.S. securities, tax and regulatory matters) and Dorsey & Whitney LLP (tax matters-substantial issuer bid). Further details of the deal were announced in the October 1 edition of Lexpert, a Canadian business magazine for lawyers.

This was the third of such financing arrangements handled by Mr. Symons and Inslee Best on behalf of the client and its Washington subsidiaries within the past eight years.

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