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Issuance of a C$5 million convertible debenture to Co-operators Financial Services Limited by Smart Employee Benefits Inc.

Fasken
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Overview

Client

Co-operators Financial Services Limited

On March 9, 2022, Smart Employee Benefits Inc. ("SEB") announced the completion of a C$5 million PIPE financing, pursuant to which SEB issued a convertible debenture in favour of Co-operators Financial Services Limited.

Fasken advised Co-operators Financial Services Limited in connection with this transaction with a team led by Gesta Abols and including Richard Steinberg, Aaron Stefan, Daniel Conrad, Rachel Charney, Krysten Zator and Niel Jacobs.

Jurisdiction

  • Ontario

Team

  • Gesta A. Abols, Partner | Co-Leader, cross border and international practice, Toronto, ON, +1 416 943 8978, gabols@fasken.com
  • Richard J. Steinberg, Partner, Toronto, ON, +1 416 865 5443, rsteinberg@fasken.com
  • Aaron J. Stefan, Partner, Toronto, ON, +1 416 868 3514, astefan@fasken.com
  • Daniel Conrad, Partner, Toronto, ON, +1 416 868 3351, dconrad@fasken.com
  • Rachel Phillips, Partner, Toronto, ON, +1 416 865 5154, rphillips@fasken.com
  • Krysten Zator, Associate, Toronto, ON, +1 416 865 4388, kzator@fasken.com