Financial Services: Representative Work

Corporate Lending

Bank of America, N.A. and other lenders in an aggregate of $450 million in syndicated revolving and term credit facilities in favour of St. Mary’s Cement Inc. (Canada) and certain affiliates.
Kinross Gold Corporation in connection with US$1.2 billion unsecured credit facilities.
The Toronto-Dominion Bank in connection with the financing of AGF Management Limited’s purchase of Acuity.

Circuit City Stores, Inc. and its Canadian subsidiary, Intertan Canada Ltd., in a US$1.1 billion senior secured credit facility.
Canwest Media Inc. in a secured $75 million asset-based credit facility (convertible into a $100 million debtor-in-possession credit facility) extended by CIT Business Credit Canada Inc. and the issuance of the U.S. dollar equivalent of $105 million 12% Senior Secured Notes.
Brookfield Bridge Lending Fund Inc., as agent, with debtor-in-possession financing provided to MAAX Corporation to fund the CCAA process and subsequent acquisition financing provided by HSBC Bank Canada.

UBS AG in a $135 million first lien asset-based loan to a large crane owner, operator and lessor.
A communications infrastructure firm in facilities from Bank of Montreal.
Wells Fargo Retail Finance LLC and another financial institution in $1.3 billion in facilities for Hudson’s Bay Company and its subsidiaries.

Underwriters counsel in the issuance by Ford Auto Securitization Trust of Series 20011-R1 Asset-Backed Notes.
Acted for the administrative agent and purchasers, in Canada, in connection with a bankruptcy remote $3,000,000,000 syndicated conduit facility secured by retail, lease and wholesale financial assets.
Issuer’s counsel in the initial offering of covered bonds by The Bank of Nova Scotia in the United States pursuant to a Rule 144A private placement.
Issuer’s counsel to Bank of Montreal in connection with the establishment of its covered bond programme and three issuances thereunder.

Bondfield Construction Company on the $84 million project financing of an Ontario healthcare centre.
A syndicate of international lenders including: Calyon Crédite Agricole CIB, West LB, BNP Paribas, Santander Investment, Unicredit Group, Sumitomo Mitsui Banking Corporation and Landesbank Hessen-Thuringen (Helaba) in a proposal to Infrastructure Ontario for a health care redevelopment project.
Sun Life Assurance Company of Canada and The Canada Life Assurance Company in a proposal to Infrastructure Ontario for the Ontario Provincial Police Modernization Project (bid stage)
Ontario Teachers' Pension Plan on the $165 million project financing to the Deh Cho Bridge Corporation for the design, development, construction and operation of a new two lane toll bridge over the Mackenzie River near Fort Providence, Northwest Territories.