Barclays Canada gets the hat trick: three deals in three days

One day after we mused whether Barclays Canada could make it three deals in 72 hours – we posed that as a question or even a challenge – we are able to are convinced that the firm, one of British-based Barclays Bank, reached that goal.

But it had been close: it came following the markets closed.

Indeed its third offer three days is different from the other two: this time around round Barclays was part of the syndicate formed to market US$550 million of equity that’ll be from Franco-Nevada. Four Canadian-bank owned firms – BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets and Scotiabank – were named as the key people in the underwriting syndicate.

Barclays is a co-manager around the financing which will see Franco sell 11.50 million shares towards the underwriters who in turn will sell these to investors at US$47.85 a share.

Barclay’s other two deals were in the M&A area include:

? On Monday it had been named as the financial adviser towards the special committee formed at Amaya to evaluate the proposed going private transaction the chief executive officer is contemplating;

? On Tuesday Barclays was named C along with Morgan Stanley C because the financial adviser to ITC Holdings Corp., the Michigan-based power and transmission company which has decided to be acquired by Fortis for US$6.9 billion.