Osler, Hoskin & Harcourt LLP is a recognized leader in Canadian asset securitization and structured finance. We regularly advise financial institutions, corporate issuers, underwriters and other participants. Our experience includes both single-seller and multi-seller structures in a range of asset classes such as credit card receivables, residential and commercial mortgages, trade accounts receivables, auto and equipment loans and leases, rental cars, mutual fund fees and wholesale dealer loans. We also advise participants in a range of structured finance transactions, including covered bond issuances. Our experience also includes the financing of specific assets such as rail cars, aircraft and other equipment.
To excel in this multi-disciplinary field Osler uses its depth of legal expertise in all areas of corporate and commercial law including securities, tax, banking, investment dealer regulation, bankruptcy and personal property security. We have assisted in the development and execution of many innovative and tax efficient products and solutions for our clients and their securitization programs.
Osler has had a leading Canadian securitization practice since the inception of the business in Canada 20 years ago. We have adopted U.S. structures for use in Canada and developed uniquely Canadian structures. We have established commercial paper conduits and restructured them to match changing regulatory and accounting environments. We have acted on all types of public and private placements of asset-backed securities.
Osler is an industry leader in the development of covered bond issuances by Canadian financial institutions. We have advised arrangers, issuers, sellers and rating agencies on issuances of these debt obligations that are secured by a portfolio of specific mortgage assets.
Osler has also advised numerous banks, investment banks, equity investors and corporate clients on sophisticated domestic and cross-border lease financings (including synthetic and leveraged leases) of plant and equipment, rail cars, aircraft and other capital assets.