Ontario Teachers' Pension Plan

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

Client

Ontario Teachers' Pension Plan

Value

$85 million

Service

Corporate Lending

Date Closed

October 2011

Lead Office

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).


Team
Danna Donald

Danna Donald

Partner, Commercial

Andrew G.  Herr

Andrew G. Herr

Partner, Financial Services