Financial Services

Overview

Osler’s Financial Services Group acts for leading North American and international financial institutions and a wide variety of global industry leaders. With a network of offices across Canada and in New York, Osler’s Financial Services practice group is a fully integrated team that offers extensive knowledge of all aspects of financial services combined with an efficient cross-jurisdictional platform.

Our Financial Services Group provides leading expertise in:

Our team provides advice to a wide range of financial services industry players including banks, insurance companies, trust companies, pension funds, investment dealers and other leading financial institutions.  We advise financial institutions on a complete range of issues including mergers and acquisitions, the establishment of new entities, bank products, and regulatory compliance, both provincial and federal.  Osler acts for more Canadian financial institutions than any other law firm in Canada.

We also have significant experience in structuring, negotiating and documenting all types of financing transactions including cash flow loans, acquisition financings, syndications, asset based lending, distressed lending, project financings, public-private partnerships, subordinated debt arrangements, private placements, swaps, securitizations and structured finance arrangements.  We seamlessly navigate between U.S., international and Canadian lending environments to anticipate and address industry-specific issues and provide integrated banking and debt finance expertise on domestic and cross-border transactions.

 

 

Related Expertise
  • H.I.G. Capital

    H.I.G. Capital in its acquisition of ATX Networks

  • BCE Inc.

    BCE Inc. in its ground breaking pension de-risking strategy

  • TPG Capital LP

    TPG in its agreement to form a partnership and acquire the Cirque du Soleil.

  • Penfund

    Penfund in its US$60 million loan to Caliber Collision Centers.

  • Canadian Imperial Bank of Commerce, National Bank of Canada and The Toronto-Dominion Bank

    Canadian Imperial Bank of Commerce, National Bank of Canada and The Toronto-Dominion Bank, as co-lead arrangers, in respect of the £1,245,000,000 term credit facility and Cdn$1,500,000,000 backstop revolving credit facility to be made available by a syndicate of lenders to CGI Group Inc. for the purpose of funding the cash acquisition by CGI Holdings Europe Limited, a wholly-owned subsidiary of CGI Group Inc., of the entire issued and to be issued ordinary share capital of Logica plc.

  • Bank of America, N.A.

    Bank of America, N.A. and other lenders in an aggregate of $450 million in syndicated revolving and term credit facilities in favour of St. Mary’s Cement Inc. (Canada) and certain affiliates.

  • Kinross Gold Corporation

    Kinross Gold Corporation in connection with US$1.2 billion unsecured credit facilities.

  • The Toronto-Dominion Bank

    The Toronto-Dominion Bank in connection with the financing of AGF Management Limited’s purchase of Acuity.

  • Circuit City Stores, Inc.

    Circuit City Stores, Inc. and its Canadian subsidiary, Intertan Canada Ltd., in a US$1.1 billion senior secured credit facility.

  • Canwest Media Inc.

    Canwest Media Inc. in a secured $75 million asset-based credit facility (convertible into a $100 million debtor-in-possession credit facility) extended by CIT Business Credit Canada Inc. and the issuance of the U.S. dollar equivalent of $105 million 12% Senior Secured Notes.

Osler’s Financial Services Group is recognized for our expertise by a variety of national and international directories:

  • Listed as one of the “Most frequently recommended” firms in Ontario by the 2013 edition of The Canadian Legal Lexpert Directory for the Banking & Financial Institutions practice
  • Ranked as a top tier firm by the 2013 edition of Chambers Global: The World’s Leading Business Lawyers for the Banking & Finance practice, stating that “They are very thoughtful, very diligent and very client-focused.”
  • “From asset-based lending and project finance, to securitisation, the team has a consistent market share,” according to Chambers Global: The World’s Leading Business Lawyers.
  • Ranked by IFLR 1000: The Guide to the World’s Leading Financial Law Firms2013 in its Bank Lending and Financial Services Regulatory; categories. It is noted that sources describe Osler as having “a deep bench firm-wide. They can utilize the wide expertise of the firm.”