In August 2020, TFI International Inc. completed a marketed offering of common shares in the United States and Canada. TFI International issued a total of 5,060,000 shares, including 660,000 shares following the exercise in full by the underwriters of their over-allotment option. The shares were issued at a price of US $43.25 per share, for gross proceeds to TFI International of US $218,845,000 (approximately CAD $290 million).
TFI International is a North American leader in the transportation and logistics industry, operating across the United States, Canada and Mexico through its subsidiaries. It is listed on the New York Stock Exchange and Toronto Stock Exchange.
Fasken, with a team comprised of Neil Wiener, Sébastien Bellefleur and Oleg Stratiev (securities), acted as Canadian legal counsel to TFI International in connection with the public offering.