Richard  Borins

Richard Borins, Partner, Financial Services

Contact Information

  • tel: 416.862.6731
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Bar Admission

Ontario, 1995

Education

  • University of Western Ontario, LL.B. (with distinction)
  • University of Western Ontario, B.Sc.

Office

Toronto

Language(s)

English

Biography

Richard’s practice focuses on banking, structured finance and public and private securitization. Richard is an expert in cross-border financing transactions. He represents both borrowers and lenders in a variety of secured transactions and his range of experience includes numerous domestic commercial lending transactions, domestic and cross-border syndicated loan transactions and domestic and cross-border public and private asset securitizations. Richard has spoken extensively in the areas of corporate lending, personal property security law and securitization.

Notable Matters

  • February, 2013, acted as lead counsel for Mitel Networks Corporation and its subsidiaries in connection with its cross-border first lien and second lien secured credit facilities from Bank of America and other lenders in the aggregate amount of $320,000,000.
  • January, 2013, acted as lead Canadian counsel to eOne in connection with financing its acquisition of Alliance Atlantis.
  • January, 2013, lead Canadian Counsel to Axiall Corporation in connection with its $500,000,000 ABL Credit Facility.
  • Counsel to Bank of Montreal in connection with an Amended and Restated Credit Agreement for a Canadian Borrower which closed in December, 2012.
  • November, 2012, acted as lead Canadian counsel to the Borrower on the financing of American Tire Distributors, Inc. acquisition of Triwest Trading (Canada) Ltd.
  • Winnipeg Jets (acted for shareholder) in connection with financing for the new NHL franchise in 2011.
  • Avis Budget Car Rental Group on all Canadian financing transactions including their Canadian rental fleet securitization program and their 2012 $150,000,000 Note Issuance.
  • Counsel to Shoppers Drug Mart Inc. in connection with its $750,000,000 Credit Facility.
  • Canadian counsel to Bank of America in its cross-border financing of Votorantim Cement North America Inc. and St. Mary’s Cement.
  • Acted for certain Canadian mining companies in connection with their multi-jurisdictional credit facilities.
  • Acting for the following banks/financial institutions/lenders: Bank of America, Bank of Montreal, JPMorgan Chase Bank, Guggenheim Corporate Funding, Royal Bank of Canada and Wells Fargo.

Affiliations

  • Canadian Bar Association
  • Law Society of Upper Canada

Industry Recognition

  • IFLR1000: The Guide to the World’s Leading Financial Law Firms 2013: Bank Lending

Publications/Events/Education

  • Co-Chair of the “Perfect Your PPSA Skills” Program for Osgoode Professional Development since 2000.

Pro Bono/Community Work

  • The Concerned Kids, Chairman of the Board
  • North Toronto Soccer and Baseball, Coach