In the News Detail
news headline
Optimism Gets 'A Cold Shower' In September
SOURCE
Globe and Mail
AUTHOR
Boyd Erman
DATE
September 15, 2008
Ogilvy Renault is mentioned in the Globe and Mail for its work with New York-based investment bank Casimir Capital in its attempts to raise money for Canadian miners.
Excerpt
Casimir and its Canadian partner, law firm Ogilvy Renault LLP, have been raising money for Canadian miners using bonds sold to New York hedge funds. The hedge funds demand big returns so the costs to the companies are high - 20 per cent in some cases, with interest paid up front.
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