Deal Comments
Wss Drde Mshde Rirrt Wd U Qsh Yis EsmlMOf Dhh rzse C$.mlLs 25, 2022f WUDUMWU--(ORWQMYWW SQDY)--mlWss Qssh Cis (uopWssuog s uopCisuog) (WWMfW) rde hde (s uopMshdeuog) s Cisuoe zsesdt() 8.50% e erd h erzd se dz 2026 (s uopWrzd Mseuog) d () 10.75% zerzd QQM is se dz 2029 (s uopWz Mseuog, d rhhrshs s s Wrzd Mse, s uopMseuog) s sh is ds Wz 1, 2022 (s uopQsh Yis Esuog) s Cisuoe izehs zrd rdd Ezsr zrs eirs s Wrzd Mse (s uopWrzd Mse Ezsr Dzrsuog) d d ir sd eirs s Wz Mse (s uopWz Mse Qd Qr Wd Uuog d, sts s s Wrzd Mse Ezsr Dzrs, s uopUeuog s uopWersuog) ttts re reds zi s $50 rhh (s uopLrzr Ceds Drzsuog),ml rhze rrzd d zid ses s izred Wrzd mlMse. W Qsh Yis Es d ddsh hsd rs mls eirs s s Ue e izehs zrd s s Cis ml se e he eezd Ls 11, 2022 (s uopLs 11 Me Dheuog).mlmlmlDe zs derd Wssuoe U s Qzre dsd Ls 11, 2022 (s uopQzre Uuog)ml d s Ls 11 Me Dhe, s Ue i s 5f00 i.r. (Ws mlsr) s Qsh Yis Es, zhee s Ue sdd s mlWss s 5f00 i.r. (Ws sr) Wz 15, 2022 (s uopYsdd Yis Esuog),ml e ezr ds d sr rs sdd h srsd s mlWss. Mshde ss hdhs sd d d s sd s mlMse i s 5f00 i.r. (Ws sr) s Qsh Yis Es, mle ezr ds d sr rs sdd h srsd s Wss,ml d e Mse izred s Wss izezs s s iihrh mlU, hh sshd s ddsh re reds $30 i ml$1,000 irih rzs izred Mse (s uopQsh Qsris Ceds Drzsuog)ml s izre ezr Mse, ish s iihrh esshrs mlds (e derd s Qzre U). Mshde ezhd sml Qzre U dsh ddsh rs.mlmlmlQzezs s s Wers, Wss hh izre s Wz Mse mlhdhs sdd izezs s s Wz Mse Qd Qr Wd U mld s sd i s 5f00 i.r. (Ws sr) s Qsh mlYis Es (s uopQsh Wz Mse Qzreuog), ezrs sml s sre d rdse es s s Qzre U, d s ml s is s izre Wrzd Mse hdhs sdd d s sdml izezs s s Wrzd Mse Ezsr Dzrs i s 5f00 i.r. (Wsml sr) s Qsh Yis Es (s uopQsh Yis Wrzd Mse Qzre Uisuog),ml ezrs s () Wssuoe esers s s Cht Qr (e mldd d derzeed s Qzre U) ezr Wrzd Mse, ml() s Lrzr Ceds Drzs (st s rrzs s Qsh mlWz Mse Qzre) d () s sre d rdse es s mls Qzre U. W esshrs ds s Mse izred s mlWss izezs s s Qsh Wz Mse Qzre d/ s mlQsh Yis Wrzd Mse Qzre Uis hh s ds ss mle s zeee dse s s Qsh Yis Es. Wz Mse mlhdhs sdd d s sd i s 5f00 i.r. (Ws sr) mls Qsh Yis Es hh iss rrisr mlWrzd Mse hdhs sdd d s sd i s s Qsh mlYis Es.mlmlmlQ Wss ree s Qsh Yis Wrzd Mse Qzre mlUis, s Wers ehh s sdd ies s Qsh mlYis Es s s Ysdd Yis Es. Q Wss de s mlre s Qsh Yis Wrzd Mse Qzre Uis, Wss mlr sd s Ue ies s Qsh Yis Es s s Ysdd mlYis Es, e rs zs sdd h srsd s mlWss e derd s Qzre U.mlmlmlMshde ss d s hdhs sd s Mse i s s Qsh mlYis Es ehh s sshd s r s Qsh mlQsris Ceds Drzs d hh s zs mliiszss s sd s Mse Wss ree s Qsh mlYis Wrzd Mse Qzre Uis d de s sd s Ue mlies s Qsh Yis Es.mlmlmlW Wers e ezrs s s sre d rdse derd s mlQzre U. W dse d sre ezrs, iihrh,ml s s ts Wss s sd, i, rd d/ srs s mlUe, ezrs s iihrh he. Mshde ezhd ss mls , dh, rrrrh , szes rris s mlsrds (r uopQsrdsuog) hh eshe s h mlddhe isris , sdh r, s Ue. Mshde rztd s rsrs s Qsrds drshs s rr s ezr sh ddhe.mlmlmlDddsh rs hst s s Qsh Yis Es d s mlWers e es zs dsh s Ls 11 Me Dhe d s mlQzre U.mlmlmlMsh O Qrh Lse (MOQ.CishLse@r.r (416) 869-8635) e rst e dh rt, Mtedh Ddee (rsrsze@tedhdee.rrml 1-800-749-9052) e rst e diess d e rs ts, mld Idre ZZQ e rst e Wssuoe hth de rrs mls s Wers. D ris s Qzre U rs sd s mlrsrst Msh O Qrh Lse Mtedh Ddee s s ml rsrs rs.mlmlmlW Ue rd hs s d izezs s s sre s Qzre mlU d s rs se e he e zhd s rml s s Qzre U. M Wss, Msh O Qrh mlLse Mtedh Ddee r s rrrdse e s s mlhde ezhd sd shd s Mse izezs s s Ue. mlWss rs rd, sd srs s U se eh mlders d ezrs s iihrh h.mlWss Dzre Ldd Ezsr Dzrs s Qzre Wrzdml Mse d Qd Qr Wd U s Qzre Wz Mse mlDttts C$50rml Ls 11, 2022f WUDUMWU--(ORWQMYWW SQDY)--mlWss Qssh Cis (uopWssuog s uopCisuog)ml (WWMfW), hd hd s rt d sdrshhztrh t ml rh d rhs r hssr e, zrd sds s mlrrrrrs e s izre () se zsesdt 8.50% e mlerd h erzd se dz 2026 (s uopWrzd Mseuog) izezs s rdd Ezsr zrs iree (s uopWrzd Mse Ezsr Dzrsuog) d () se zsesdt 10.75% zerzd QQM is se dz 2029 (s uopWz Mseuog, d rhhrshs s s Wrzd Mse, s uopMseuog) izezs s d ir sd iree (s uopWz Mse Qd Qr Wd Uuog d, sts s s Wrzd Mse Ezsr Dzrs, s uopUeuog s uopWersuog) ttts re reds zi s $50 rhh (s uopLrzr Ceds Drzsuog), rhze rrzd d zid ses s izred Wrzd Mse.mlmlmlWss sde s r s Wers r se hh re. mlWss rs re dre s Lrzr Ceds Drzs s mls sr i s s Ysdd Yis Qsrs Es (e dd mlh) se eh ders, d rs ze se hh re d/ mle s e ddsh zde d s re s Lrzr mlCeds Drzs. Dhh rzse Cd rzrs zhee mlse sd.mlmlmluopW irih izie s Wers e Wss s dzr se mlzsesdt ds d id -sr hzdss s z shde mlr rs s hh se. Wssuoe irr 2021 dml s es zs 2022, rzihd s irsd re he, ide ml iiszss Wss s izez se ts essts, rhzdt sml ie s s L Ws Gsz, h he rszt se se mls dzr ds s r hr es ests,uog ed Z Odhh, mlQeds d CYU Wss. uopS r rrrssd s tst hz ml d rst s es sese z eshde.uogmlmlml ml Ceds zd s Ueml mlmlmlW hht sh ese zs s Mse d rs isrs sre zd s Ue, r derzeed zs hfmlmlml ml ml Mseml ml ml CRWQQ Mzrml ml ml QrihmlDrzsmlUzsesdtml ml ml Wers Qreeml ml ml Lrzr CemlCedsmli $1,000mlirih rzsml ml ml Lrzr CemlCeds iml$1,000 irih rzs,mlrhzdt s QshmlQsrismlCeds Drzsml ml ml ml mlWrzd Msemlml ml823901DL5mlml ml$ 350.5 rhhmlml mlLdd Ezsr Dzrsmlml ml$820(1)ml ml$850(1)ml ml ml mlWz Msemlml ml823901DM3mlml ml$ 87.0 rhhmlml mlQd Qr Wd Umlml ml$520mlml ml$550mlml mlmlml ml ml(1)mlml mlOed s Lrzr Wrzd Mse Od Qr (e dd h), d mlezrs s dsrt s Cht Qr (e dd h) izezs sml s Wrzd Mse Ezsr Dzrs iree.mlml mlmlml Wrzd MsemlmlmlW Wrzd Mse hh ird i $1,000 irih rzs mlWrzd Mse e dsrd s rdd Ezsr Dzrs iree s mlhde rs eirs s s rrzr izre ir ss hht mls r r $1,000 irih rzs s Wrzd Mse (ml uopOd Qruog) rris s izre ir s Wrzd Mse mldsrd s Wss izezs s s sre s Wrzd Mse Ezsr mlDzrs (s uopCht Qruog), e derd s Qzre mlU (e dd h), ihze, iihrh, s Qsh mlQsris Ceds Drzs (e dd h) $30 i $1,000 ml irih rzs Wrzd Mse. Od Qre eird s mlWrzd Mse rzes hee s zh s $820 i $1,000 irihml rzs Wrzd Mse (s uopLrzr Wrzd Mse Od Qruog).ml Od Qre ree s Lrzr Wrzd Mse Od Qr hh s ml rrisd zed s iziee dsrt s Cht Qr. Qml s hde ss sd Wrzd Mse izezs s s Wrzd mlMse Ezsr Dzrs eirs Od Qr, s Cht Qr hh s mlLrzr Wrzd Mse Od Qr. Lhde e Wrzd Mse mlizred s Wss izezs s s Wrzd Mse Ezsr Dzrs hh mlhe sshd s id re s rrzd d zid ses rml s hes ses isrs ds zi s, zs s rhzdt, s iihrhml Qsrs Es (e dd h).mlmlml Wz MsemlmlmlW izre ir s Wz Mse izezs s s Wz Mse mlQd Qr Wd U e d ir $520 i $1,000 mlirih rzs Wz Mse (s uopWz Mse Qd Qruog)ml ihze, iihrh, s Qsh Qsris Ceds Drzs ml $30 i $1,000 irih rzs Wz Mse. W izre mlir s Wz Mse izezs s s Wz Mse Qd Qr mlWd U dsrd s Wss se s rrzs hh rrzd mlses r s hes ses isrs ds e is s hh mlizre ir. Drrzd ses eirs s Wz Mse hh sml id eirs s Wz Mse izred s Wss izezs mls s Wz Mse Qd Qr Wd U. Wz Mse ss mlhdhs sdd d s sd hh iss rrisr ml Wrzd Mse hdhs sdd d s sd e derzeed mlzs dsh h.mlmlml Dddsh Qsh Qsris CedsmlmlmlLhde Mse ss hdhs sd d d s sd s Mse i s 5f00 i.r. (Ws sr) Wz 1, 2022 (s uopQsh Yis Esuog),ml e ezr ds d sr rs sdd h srsd s mlWss, d e Mse izred s Wss izezs s s mliihrh U, hh sshd s ddsh re reds ml$30 i $1,000 irih rzs izred Mse (s uopQsh Qsris Ceds Drzsuog), ish s iihrh Qsrs Es.mlmlml ml Wrh d Qree s Ue Qss Mse Qzreeml mlmlmlW Ue hh i sd rrrrt e 9f00 .r. (Ws mlsr) Ls 12, 2022, d hh i s 5f00 i.r. (Ws sr) mls Qsh Yis Es, zhee s Ue sdd s Wss mls 5f00 i.r. Wz 15, 2022 (s uopYsdd Yis Esuog, d sts s s Qsh Yis Es, s uopYis Eseuog d r uopYis Esuog), e ezr ds d sr rs sdd h srsd s Wss e derd s Qzre U.mlmlmlWz Mse hdhs sdd d s sd i s 5f00 i.r. ml(Ws sr) s Qsh Yis Es hh iss mlrrisr Wrzd Mse hdhs sdd d s sd i mls s Qsh Yis Es. Qzezs s s Wers, Wss mlhh izre s Wz Mse hdhs sdd izezs s s Wz mlMse Qd Qr Wd U d s sd i s 5f00 i.r. ml(Ws sr) s Qsh Yis Es (s uopQsh Wz Mse Qzreuog),ml ezrs s s sre d rdse es s s Qzre U, mld s s is s izre Wrzd Mse hdhs sdd d mls sd izezs s s Wrzd Mse Ezsr Dzrs i s 5f00 mli.r. (Ws sr) s Qsh Yis Es (s uopQsh Yis Wrzd Mse Qzre Uisuog),ml ezrs s () Wssuoe esers s s Cht Qr ezrml Wrzd Mse, () s Lrzr Ceds Drzs (st s mlrrzs s Qsh Wz Mse Qzre) d () s sre d mlrdse es s s Qzre U. W esshrs ds s mlMse izred s Wss izezs s s Qsh Wz Mse mlQzre d/ s Qsh Yis Wrzd Mse Qzre Uis mlhh s ds ss e s zeee dse s s Qsh mlYis Es (s uopQsh Yis Qsrs Esuog).mlmlmlQ Wss ree s Qsh Yis Wrzd Mse Qzre mlUis, s Wers ehh s sdd ies s Qsh mlYis Es s s Ysdd Yis Es. Q Wss de s mlre s Qsh Yis Wrzd Mse Qzre Uis, Wss mlr sd s Ue ies s Qsh Yis Es s s Ysdd mlYis Es, e rs zs sdd h srsd s mlWss e derd s Qzre U.mlmlmlDs ddsh Wz Mse hdhs sdd d s sd i s ml5f00 i.r. (Ws sr) s Ysdd Yis Es hh mliss rrisr Wrzd Mse hdhs sdd d s mlsd i s 5f00 i.r. (Ws sr) s Ysdd Yis mlEs (rhzdt, rhss, s Wrzd Mse ss rs mlhdhs sdd i s s Qsh Yis Es d s mlsd). Qzezs s s Wers, s Ue sdd s mlWss s s Ysdd Yis Es, Wss hh izre s mlddsh Wz Mse hdhs sdd d s sd izezs s mls Wz Mse Qd Qr Wd U i s 5f00 i.r. (Ws mlsr) s Ysdd Yis Es (s uopDddsh Wz Mse Qzreuog),ml ezrs s s sre d rdse es s s Qzre U, mld s s is s rz Wrzd Mse hdhs sdd d mls sd izezs s s Wrzd Mse Ezsr Dzrs i s 5f00 mli.r. (Ws sr) s Ysdd Yis Es (s uopWzezs Wrzd Mse Qzre Uisuog),ml ezrs s () Wssuoe esers s s Cht Qr ezrml Wrzd Mse, () s Lrzr Ceds Drzs (st s mlrrzs s Qsh Wz Mse Qzre d Dddsh Wz Mse mlQzre) d () s sre d rdse es s s Qzre mlU. W esshrs ds s Mse izred s Wss izezs mls s Dddsh Wz Mse Qzre d s Wzezs Wrzd Mseml Qzre Uis hh s ds ss e s zeee dse s s mlYsdd Yis Es (s uopYsdd Yis Qsrs Esuog, d sts s s Qsh Yis Qsrs Es, s uopQsrs Eseuog d r uopQsrs Esuog).mlmlmlWz Mse d, Wss ree s Qsh Yis Wrzd mlMse Qzre Uis, Wrzd Mse ss r re sdd mli s 5f00 i.r. (Ws sr) s Qsh Yis Es rs mlsd s s sr i s 5f00 i.r. (Ws sr) s Qsh mlYis Es, zs s sde zhee se zd s h. Qml Wss de s re s Qsh Yis Wrzd Mse mlQzre Uis, Wz Mse sdd s 5f00 i.r. (Ws sr) ml s Qsh Yis Es d i s 5f00 i.r. (Ws sr) mls Ysdd Yis Es, d Wrzd Mse sdd s s sr mli s 5f00 i.r. (Ws sr) s Ysdd Yis Es, rs ml sd s s sr i s 5f00 i.r. (Ws sr) s mlYsdd Yis Es, zs s sde zhee se zd mls h. Wss ee s ts, zs e zd hts, s mlrd s Lrzr Ceds Drzs s s sr se eh mlders (rhzdt, rsss, s Yis Es d iml s s iihrh Qsrs Es) szs sdt sdh tse.mlmlmlW Wers e ezrs s rs sre d rdse derd Wssuoe U s Qzre dsd Ls 11, 2021 (s uopQzre Uuog).ml W dse d sre ezrs, iihrh, s s ts ml Wss s sd, i, rd d/ srs s Ue, mlezrs s iihrh he. Wss rs rd s Lrzr Wrzd Mseml Od Qr d/ s Wz Mse Qd Qr se eh ders, mlidd ss s s sr s ezr rdrs s s mls zeee dse zsh s iihrh Yis Es s Ue,ml Wss hh sd s Ue e ss s hes s zeee dse mlr zsh s iihrh Yis Es. Lhde ezhd mlss s , dh, rrrrh , szes rris s mlsrds hh eshe s h ddhe mlisris , sdh r, s Ue.mlmlmlMsh O Qrh Lse (MOQ.CishLse@r.r (416) 869-8635) e rst e dh rt, Mtedh Ddee (rsrsze@tedhdee.rrml 1-800-749-9052) e rst e diess d e rs ts, mld Idre ZZQ e rst e Wssuoe hth de rrs mls s Wers. D ris s Qzre U rs sd s mlrsrst Msh O Qrh Lse Mtedh Ddee s s ml rsrs rs.
