Scott Horner, Partner, Financial Services

Notable Matters

• Deutsche Bank Trust Company Americas, as Administrative and Collateral Agent, under a US$350 million asset based credit facility provided to Essar Steel Algoma Inc.
• Wells Fargo Capital Finance Corporation Canada, as primary Collateral Agent and a Lender, under a $175 million asset based credit facility for Catalyst Paper Corporation
• JPMorgan Chase Bank, N.A., as Administrative and Collateral Agent, under $2.540 billion senior secured revolving and term credit facilities provided to Telesat Canada
• Open Text Corporation and its subsidiaries under US$700 millionsecured revolving and term credit facilities
• UBS Securities LLC and BMO Nesbitt Burns Inc., as initial purchasersof $230 millionsecured high yield notes and warrants issued by Xplornet Inc.
• Prospect Capital Corporation, as lender of a US$54.5 million second lien term loan provided to Clearwater Seafoods Limited Partnership
• UBS AG Canada Branch, as Administrative Agent and Collateral Agent, under a $135,000,000 asset based credit facility provided to Northern Crane Services Inc.
• ABN AMRO and Wells Fargo, as Administrative Agent and Collateral Agent, under $2.312 billion acquisition and working capital credit facilities provided to Maple Leaf Heritage Investments Acquisition Corporation for purposes of its acquisition of Hudson’s Bay Company and working capital for the Bay following that acquisition.