Corporate Lending

Ontario Teachers’ Pension Plan Board in connection with financing its acquisition of Imperial Parking Corporation

Ontario Teachers' Pension Plan
Expertise
Corporate Lending
Team
Danna Donald

Partner, Project Finance, Toronto

 

On October 14, 2011, Ontario Teachers' Pension Plan Board closed a $70 million secured credit facility and a $15 million subordinated secured credit facility provided by a syndicate of lenders in connection with its acquisition of Imperial Parking Canada Corporation ("Impark").

Osler represented Ontario Teachers' Pension Plan Board on the Canadian and U.S. aspects of the financing transactions with a team consisting of Laurie Barrett (Financial Services), Danna Donald (Construction), Andrew Herr, and Nathan Whitaker (Financial Services).

Value
$85 million
Date Closed
October 14, 2011
Lead Office
Toronto
Team
Danna Donald

Partner, Project Finance, Toronto