Gregory Wylie Gregory Wylie

Postmedia completes Recapitalization Transaction under the Canada Business Corporations Act

On October 5, 2016, Postmedia Network Canada Corp. (“PNCC”) and Postmedia Network Inc.’s (“PNI” and together with PNCC, the “Company” or “Postmedia”) completed a recapitalization transaction pursuant to a court-approved plan of...

Lead Office: Toronto Date Closed: October 5, 2016 Value: $600 million

Target in connection with the wind-down of its Canadian operations under the Companies’ Creditors Arrangement Act

In November 2014, discount retailer, Target Canada Co. announced the orderly wind-down of its Canadian operations pursuant to proceedings under the Companies’ Creditors Arrangement Act. The wind-down included the closure of 133 retail stores across the country and the sale of its real estate...

Lead Office: Toronto Date Closed: -- Value: Over $850 million

Panavision Canada in connection with its syndicated ABL facilities led by Bank of America

On February 5, 2016, Panavision Inc. and its United States, Canada, United Kingdom and Australia subsidiaries closed their syndicated ABL credit facilities extended by a group of lenders led by Bank of America. Panavision is an international motion picture equipment company specializing in...

Lead Office: Toronto Date Closed: February 5, 2016 Value: -

VCSA Holding Corp. in connection with Standard Aero Limited‘s $150 million asset-based revolving credit facility

VCSA Holding Corp. (“VCSA”) recently completed their acquisition, from US Aviation Investment Inc. Limited, the seller, of all of the issued and outstanding capital stock of DAE U.S., Inc., a Delaware corporation (“DAE”), and the refinancing of DAE Aviation Holdings,...

Lead Office: Toronto Date Closed: July 7, 2015 Value: $150 million

Morgan Stanley Senior Funding, Inc. in its US$475 million First Lien Credit Agreement and US$150 million Second Lien Credit Agreement

On May 14, 2015, WASH Multifamily Acquisition Inc. completed the acquisition of Web Service Holdings Inc. The purchase price was financed under a US$475 million First Lien Credit Agreement and US$150 million Second Lien Credit Agreement (together, the “Credit Facilities”) among WASH...

Lead Office: Toronto Date Closed: May 14, 2015 Value: US $625 million

Macquarie US Trading LLC and Macquarie Capital (USA) Inc. in its US$352.5 million senior secured credit facilities

On April 8, 2015, The Intertain Group Limited (the “Company”), a Canadian publicly listed company, completed the acquisition of the Jackpotjoy, Starspins and Botemania brands and related assets for an initial purchase price consisting of cash and share consideration worth approximately...

Lead Office: Toronto Date Closed: April 8, 2015 Value: US $352.5 million

Royal Bank of Canada in its $225 million asset-based revolving credit facility to Northern Crane Group

On August 25, 2014, Northern Crane Group announced the closing a $225 million asset-based revolving credit facility provided by a syndicate of lenders led by Royal Bank of Canada and the issuance of secured notes led by RBC Capital Markets, LLC, as initial purchaser. Osler represented Royal...

Lead Office: Toronto Date Closed: August 25, 2014 Value: $225 million