Corporate Lending Corporate Lending

Cross-border lending in Canada: what you need to know

Despite the pandemic, globalization of business and finance has continued to accelerate. Lenders and borrowers have several unique Canadian legal...

Bank error in your favour – The $900 million wire transfer mistake: Practical implications in the Canadian lending context

In August 2020 an unprecedented black swan event occurred when Citibank N.A. (Citibank), acting as an administrative agent in a loan facility,...

Canadian investment markets turning green: Sustainable finance and green lending

Global recognition of the importance of environmental, social and governance (ESG) considerations among investors and firms has prompted an emerging...

Alert to borrowers and lenders: Significant changes to lessee accounting standards

Effective for accounting periods starting January 1, 2019, International Financial Reporting Standards 16 has replaced International Accounting...

A new KYC requirement may be coming to a credit agreement near you

On May 11, 2018, the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued the Customer Due Diligence Requirements for...

Recent developments in U.S. leveraged finance – November 2017

The fourth quarter of 2017 has given rise to at least three developments of interest to the U.S. leveraged lending community.