Etienne is a partner in the Firm’s Financial services’ team and served on the Firm’s Partnership Board for 5 years. Having more than 30 years’ experience, he is a respected business lawyer recognized by business leaders in Montreal in the areas of financial services, infrastructure and corporate finance.
Etienne has been involved in a wide range of complex transactions related to infrastructure transactions, project finance, real estate financing, asset-backed financing, acquisition and syndicated financings as well as debt restructurings. He has also acted as counsel in connection with acquisition, investment, merger and restructuring transactions.
Etienne is a lawyer who distinguishes himself with his wide knowledge of the financial community in Québec, but also with his network that leads him to act for clients from Québec and other Canadian provinces as well as for international clients.
Etienne is recognized as a leading lawyer in The Canadian Legal Lexpert Directory 2019 in the areas of Banking & Financial Institutions, Corporate Commercial Law and Project Finance, The Best Lawyers in Canada 2020 in the areas of Banking and Finance Law, Project Finance Law and Asset-Based Lending and Who’s Who Legal Canada 2020 in the area of Banking.
Representative Work
- Aviation Starlink Inc.
Aviation Starlink Inc. and its affiliates in the acquisition of certain assets of affiliates of Chrono Aviation Inc., and related equity investment and debt financing
- Behaviour Interactive
Behaviour Interactive in its acquisition of Red Hook
- Béton Provincial
Béton Provincial in its acquisition of CRH Canada Group Inc.
- WT Microelectronics
WT Microelectronics in its acquisition of Future Electronics for USD$3.8 billion
- BusPatrol
BusPatrol in its private equity investment from GI Partners
- Behaviour Interactive
Behaviour Interactive in its acquisition of Codeglue
- Prospector Capital Corp.
Prospector Capital Corp. in its business combination with LeddarTech for US$ 348 million
- General Motors Co.
General Motors Co. in its $1 billion investment project with POSCO Future M
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its acquisition of SockMonkey Studios Ltd.
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its acquisition of Midwinter Entertainment, Inc.
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its equity financing with NetEase and Haveli
- The Legault Group
Mondou in its acquisition of Ren’s Pets
- TPG
TPG in its submission of a stalking horse bid for Cirque du Soleil’s assets in partnership with Fosun, Caisse de dépôt et placement du Québec and Investissement Québec
- Ventas, Inc.
Ventas in its acquisition of a high quality Canadian seniors housing portfolio valued at $2.4 billion in partnership with Le Groupe Maurice
- PRO Real Estate Investment Trust
PRO Real Estate Investment Trust in its $57.6 million equity offering
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its strategic partnership agreement with NetEase Games
- Fairstone Financial Inc.
Fairstone Financial Inc. in connection with its US$300 million note offering
- PRO Real Estate Investment Trust
PRO Real Estate Investment Trust in its $40.3 million equity offering including full exercise of over-allotment option
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its strategic partnership agreement with GAEA Interactive Entertainment Co. Ltd.
- Investors led by BC Partners and Ontario Teachers’ Pension Plan
Investors led by BC Partners and Ontario Teachers' Pension Plan in the $5.125 billion recapitalization of GFL Environmental Inc.
- Fresche Solutions Inc.
Fresche Solutions Inc. in its US$60 Million Financing
- Les Studios Moment Factory Inc.
Les Studios Moment Factory Inc. in connection with a debt and equity financing from CDPQ Fixed Income II Inc. and CDP Investments Inc.
- TPG Capital LP
TPG in its agreement to form a partnership and acquire the Cirque du Soleil.
- H.I.G. Capital
H.I.G. Capital in its acquisition of ATX Networks
- Homburg Invest, Inc.
Homburg Invest, Inc. in connection with its $3 billion debt restructuring and recapitalization under the CCAA
- Establishment of a $350 million financing structure with the Fédération des caisses Desjardins du Québec for the Alliance de l’énergie de l’Est and the development and construction of renewable energy projects in Québec.
- The Régie intermunicipale de l’énergie du Bas- Saint-Laurent and the Régie intermunicipale de l’énergie Gaspésie-Îles-de-la-Madeleine with respect to the financing of the Ronceveaux and Nicolas-Riou wind farms
- Bank of Montreal and Bank of Montreal, Chicago Branch in respect of senior secured credit facilities in the principal amount of $33,250,000 made available to DMD Digital Health Connections Group Inc and DMD Marketing Corp.
- A syndicate of lenders led by The Toronto-Dominion Bank in respect of senior secured credit facilities in the principal amount of $145,997,000 made available to Moose Fashions Inc.
- Canadian Imperial Bank of Commerce in respect of senior secured credit facilities in the principal amount of US$55,000,000 made available to Lightspeed POS Inc.
- HSBC Bank PLC in respect of an unsecured term credit facility in the principal amount of £80,000,000 made available to CGI Inc.
- Ventas Canada Finance Limited in respect of a bridge term loan in the principal amount of $990,790,705 made available to 11423517 Canada Inc. (a subsidiary of Investissement Immobilier Groupe Maurice Inc.)
- Counsel to a syndicate of lenders led by The Toronto-Dominion Bank in respect of a term loan credit facility in the principal amount of US$1,250,000,000 made available to CGI Inc.
- Counsel to Bank of Montreal in respect of senior secured credit facilities in the principal amount of CDN$24 000 000 made available to Payfacto Payments Inc.
- Counsel to Bank of Montreal, in its capacity as administrative agent, in respect of a senior secured syndicated revolving credit facility in the principal amount of CDN$40,000,000 made available to On Deck Capital Canada Holdings, Inc., On Deck Capital Canada, Inc. and On Deck Capital Canada, ULC
- Counsel to Canadian Imperial Bank of Commence in respect of senior secured credit facilities in the principal amount of CDN$8,000,000 made available to Otodata Wireless Network Inc. and Tag Tracking Inc.
- A syndicate of lenders led by National Bank of Canada in respect of a term loan credit facility in the principal amount of US$500,000,000 made available to CGI Inc.
- A syndicate of lenders led by TD Securities Inc. in respect of a senior secured revolving credit facility in the principal amount of $200,000,000 made available to Air Canada
- Abertis Infraestructuras, S.A. in respect of a bid to purchase the rights under the project agreement relating to the A25 bridge in Montréal, Québec
- SUEZ Canada Waste Services Inc. in respect of a bid submitted to the Régie intermunicipale de valorisation des matières organiques de Beauharnois-Salaberry et Roussillon relating to the design, construction, operation and maintenance of an integrated organic matter recycling center
- Behaviour Interactive Inc. in respect of its strategic partnership agreement with GAEA Interactive Entertainment Co. Ltd.
- Fromageries Bel Canada Inc. in respect of its strategic partnership with Laiterie Chalifoux Inc. and the construction of a cheese production plant in Sorel, Québec
- SUEZ Canada Waste Services Inc. in respect of bids submitted to the City of Montréal in respect of the design, construction, operation and maintenance of the Montréal-East Biomethanization waste treatment center, as well as of the Rivière-des-Prairies-Pointe-aux-Trembles and Saint-Laurent composting waste treatment centers
- A syndicate of lenders led by Bank of Montreal in respect of a senior secured revolving credit facility in the principal amount of $70,000,000 made available to Iceberg Finance Inc. and Crédt Auto Pro Inc.
- HSBC Bank Canada in respect of a senior secured credit facility in the principal amount of US$16,000,000 made available to Systra Canada Inc. and C. Systra Consulting, Inc.
- A fund managed by Integrated Asset Management in respect of a senior secured term credit facility in the principal amount of $22,000,0000 made available to LRBG Holdings Inc.
- A syndicate of lenders led by TD Securities Inc. in respect of a secured revolving credit facility in the principal amount of $500,000,000. made available to MTY Food Group Inc. and MTY Franchising USA, Inc.
- SherWeb Inc. in respect of a senior secured revolving credit facility in the principal amount of $45,000,000 made available by a syndicate of lenders led by National Bank of Canada
- The Régie intermunicipale de l’énergie du Bas- Saint-Laurent and the Régie intermunicipale de l’énergie Gaspésie-Îles-de-la-Madeleine with respect to the financing of the Ronceveaux and Nicolas-Riou wind farms
- Bank of Montreal in respect to a secured credit facility in the principal amount of $15,000,000 made available to Evolocity Financial Group Inc.
- National Bank of Canada in respect of a secured and subordinated credit facility in the principal amount of $25,000,000 made available to Lumenpulse Inc.
- A fund managed by Integrated Asset Management in respect of a secured revolving credit facility in the principal amount of $28,000,000 made available to The S.M. Group Inc.
- Bank of Montreal and Bank of Montreal, Chicago Branch in respect of a secured revolving credit facility in the principal amount of $40,000,000 made available to DMD Digital Health Connections Group Inc.
- PRO REIT and its subsidiaries in respect of numerous refinancing, acquisition financing and operating financing transactions
- Les Studios Moment Factory Inc. (“Moment Factory”), in connection with loans granted by CDP Investissements Inc. (“CDP”) and CDPQ Revenu Fixe Inc. as well as a capital investment by CDP in a subsidiary of Moment Factory
- Fresche Solutions Inc. in respect of secured revolving and term credit facilities in the aggregate principal amount of US$60,000,000 made available by National Bank of Canada
- Bank of Montreal and Bank of Montreal, Chicago Branch in respect of senior secured revolving and term credit facilities in the aggregate principal amount of US$27,000,000 made available to Revision Military Inc.
- The Toronto-Dominion Bank in respect of a senior secured revolving credit facility in the principal amount of $135,000,000 made available to 7761210 Canada Inc. (Lasik)
- Bank of Montreal in respect of a senior secured revolving credit facility in the principal amount of $60,000,000 made available to SupremeX Inc. and SupremeX USA Inc.
- The lenders and bond underwriters in connection with a bid by St. Laurent Alliance, a consortium comprised of Kiewit Canada Development Corp, Macquarie Capital Group Limited, Skanska Infrastructure Development Inc. and Aecon Concessions, for the New Bridge for the St. Lawrence project
- A syndicate of lenders led by National Bank of Canada in respect of an operating revolving credit facility in the aggregate principal amount of $1,500,000,000 made available to CGI Inc.
- Caisse centrale Desjardins and The Toronto-Dominion Bank in connection with a proposed bridge financing in the principal amount of $110,000,000 to be made available to EBC Inc. for the construction of a new hospital in Baie St Paul, Québec
- A syndicate of lenders led by National Bank of Canada in respect of a secured revolving credit facility in the principal amount of $210,000,000 made available to Infrastructure Famille Santé Inc. in connection with the financing of the design and construction of the expansion of Centre Hospitalier Ste-Justine
- Casgrain & Company Limited, as agent, in connection with Series 1 Secured Notes in the aggregate principal amount of $51,549,116 maturing on October 15, 2014, as well as Series 2 Secured Notes in the aggregate principal amount of $71,375,000 maturing on March 31, 2044, which were issued by Rainbow Hospital Partnership in connection with the design, building, maintenance and operation of the Restigouche Hospital Centre in Campbellton, New Brunswick
Aviation Starlink Inc. and its affiliates in the acquisition of certain assets of affiliates of Chrono Aviation Inc., and related equity investment and debt financing
Behaviour Interactive in its acquisition of Red Hook
Béton Provincial in its acquisition of CRH Canada Group Inc.
WT Microelectronics in its acquisition of Future Electronics for USD$3.8 billion
BusPatrol in its private equity investment from GI Partners
- Behaviour Interactive
Behaviour Interactive in its acquisition of Codeglue
- Prospector Capital Corp.
Prospector Capital Corp. in its business combination with LeddarTech for US$ 348 million
- General Motors Co.
General Motors Co. in its $1 billion investment project with POSCO Future M
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its acquisition of SockMonkey Studios Ltd.
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its acquisition of Midwinter Entertainment, Inc.
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its equity financing with NetEase and Haveli
- The Legault Group
Mondou in its acquisition of Ren’s Pets
- TPG
TPG in its submission of a stalking horse bid for Cirque du Soleil’s assets in partnership with Fosun, Caisse de dépôt et placement du Québec and Investissement Québec
- Ventas, Inc.
Ventas in its acquisition of a high quality Canadian seniors housing portfolio valued at $2.4 billion in partnership with Le Groupe Maurice
- PRO Real Estate Investment Trust
PRO Real Estate Investment Trust in its $57.6 million equity offering
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its strategic partnership agreement with NetEase Games
- Fairstone Financial Inc.
Fairstone Financial Inc. in connection with its US$300 million note offering
- PRO Real Estate Investment Trust
PRO Real Estate Investment Trust in its $40.3 million equity offering including full exercise of over-allotment option
- Behaviour Interactive Inc.
Behaviour Interactive Inc. in its strategic partnership agreement with GAEA Interactive Entertainment Co. Ltd.
- Investors led by BC Partners and Ontario Teachers’ Pension Plan
Investors led by BC Partners and Ontario Teachers' Pension Plan in the $5.125 billion recapitalization of GFL Environmental Inc.
- Fresche Solutions Inc.
Fresche Solutions Inc. in its US$60 Million Financing
- Les Studios Moment Factory Inc.
Les Studios Moment Factory Inc. in connection with a debt and equity financing from CDPQ Fixed Income II Inc. and CDP Investments Inc.
- TPG Capital LP
TPG in its agreement to form a partnership and acquire the Cirque du Soleil.
- H.I.G. Capital
H.I.G. Capital in its acquisition of ATX Networks
- Homburg Invest, Inc.
Homburg Invest, Inc. in connection with its $3 billion debt restructuring and recapitalization under the CCAA
- Establishment of a $350 million financing structure with the Fédération des caisses Desjardins du Québec for the Alliance de l’énergie de l’Est and the development and construction of renewable energy projects in Québec.
- The Régie intermunicipale de l’énergie du Bas- Saint-Laurent and the Régie intermunicipale de l’énergie Gaspésie-Îles-de-la-Madeleine with respect to the financing of the Ronceveaux and Nicolas-Riou wind farms
- Bank of Montreal and Bank of Montreal, Chicago Branch in respect of senior secured credit facilities in the principal amount of $33,250,000 made available to DMD Digital Health Connections Group Inc and DMD Marketing Corp.
- A syndicate of lenders led by The Toronto-Dominion Bank in respect of senior secured credit facilities in the principal amount of $145,997,000 made available to Moose Fashions Inc.
- Canadian Imperial Bank of Commerce in respect of senior secured credit facilities in the principal amount of US$55,000,000 made available to Lightspeed POS Inc.
- HSBC Bank PLC in respect of an unsecured term credit facility in the principal amount of £80,000,000 made available to CGI Inc.
- Ventas Canada Finance Limited in respect of a bridge term loan in the principal amount of $990,790,705 made available to 11423517 Canada Inc. (a subsidiary of Investissement Immobilier Groupe Maurice Inc.)
- Counsel to a syndicate of lenders led by The Toronto-Dominion Bank in respect of a term loan credit facility in the principal amount of US$1,250,000,000 made available to CGI Inc.
- Counsel to Bank of Montreal in respect of senior secured credit facilities in the principal amount of CDN$24 000 000 made available to Payfacto Payments Inc.
- Counsel to Bank of Montreal, in its capacity as administrative agent, in respect of a senior secured syndicated revolving credit facility in the principal amount of CDN$40,000,000 made available to On Deck Capital Canada Holdings, Inc., On Deck Capital Canada, Inc. and On Deck Capital Canada, ULC
- Counsel to Canadian Imperial Bank of Commence in respect of senior secured credit facilities in the principal amount of CDN$8,000,000 made available to Otodata Wireless Network Inc. and Tag Tracking Inc.
- A syndicate of lenders led by National Bank of Canada in respect of a term loan credit facility in the principal amount of US$500,000,000 made available to CGI Inc.
- A syndicate of lenders led by TD Securities Inc. in respect of a senior secured revolving credit facility in the principal amount of $200,000,000 made available to Air Canada
- Abertis Infraestructuras, S.A. in respect of a bid to purchase the rights under the project agreement relating to the A25 bridge in Montréal, Québec
- SUEZ Canada Waste Services Inc. in respect of a bid submitted to the Régie intermunicipale de valorisation des matières organiques de Beauharnois-Salaberry et Roussillon relating to the design, construction, operation and maintenance of an integrated organic matter recycling center
- Behaviour Interactive Inc. in respect of its strategic partnership agreement with GAEA Interactive Entertainment Co. Ltd.
- Fromageries Bel Canada Inc. in respect of its strategic partnership with Laiterie Chalifoux Inc. and the construction of a cheese production plant in Sorel, Québec
- SUEZ Canada Waste Services Inc. in respect of bids submitted to the City of Montréal in respect of the design, construction, operation and maintenance of the Montréal-East Biomethanization waste treatment center, as well as of the Rivière-des-Prairies-Pointe-aux-Trembles and Saint-Laurent composting waste treatment centers
- A syndicate of lenders led by Bank of Montreal in respect of a senior secured revolving credit facility in the principal amount of $70,000,000 made available to Iceberg Finance Inc. and Crédt Auto Pro Inc.
- HSBC Bank Canada in respect of a senior secured credit facility in the principal amount of US$16,000,000 made available to Systra Canada Inc. and C. Systra Consulting, Inc.
- A fund managed by Integrated Asset Management in respect of a senior secured term credit facility in the principal amount of $22,000,0000 made available to LRBG Holdings Inc.
- A syndicate of lenders led by TD Securities Inc. in respect of a secured revolving credit facility in the principal amount of $500,000,000. made available to MTY Food Group Inc. and MTY Franchising USA, Inc.
- SherWeb Inc. in respect of a senior secured revolving credit facility in the principal amount of $45,000,000 made available by a syndicate of lenders led by National Bank of Canada
- The Régie intermunicipale de l’énergie du Bas- Saint-Laurent and the Régie intermunicipale de l’énergie Gaspésie-Îles-de-la-Madeleine with respect to the financing of the Ronceveaux and Nicolas-Riou wind farms
- Bank of Montreal in respect to a secured credit facility in the principal amount of $15,000,000 made available to Evolocity Financial Group Inc.
- National Bank of Canada in respect of a secured and subordinated credit facility in the principal amount of $25,000,000 made available to Lumenpulse Inc.
- A fund managed by Integrated Asset Management in respect of a secured revolving credit facility in the principal amount of $28,000,000 made available to The S.M. Group Inc.
- Bank of Montreal and Bank of Montreal, Chicago Branch in respect of a secured revolving credit facility in the principal amount of $40,000,000 made available to DMD Digital Health Connections Group Inc.
- PRO REIT and its subsidiaries in respect of numerous refinancing, acquisition financing and operating financing transactions
- Les Studios Moment Factory Inc. (“Moment Factory”), in connection with loans granted by CDP Investissements Inc. (“CDP”) and CDPQ Revenu Fixe Inc. as well as a capital investment by CDP in a subsidiary of Moment Factory
- Fresche Solutions Inc. in respect of secured revolving and term credit facilities in the aggregate principal amount of US$60,000,000 made available by National Bank of Canada
- Bank of Montreal and Bank of Montreal, Chicago Branch in respect of senior secured revolving and term credit facilities in the aggregate principal amount of US$27,000,000 made available to Revision Military Inc.
- The Toronto-Dominion Bank in respect of a senior secured revolving credit facility in the principal amount of $135,000,000 made available to 7761210 Canada Inc. (Lasik)
- Bank of Montreal in respect of a senior secured revolving credit facility in the principal amount of $60,000,000 made available to SupremeX Inc. and SupremeX USA Inc.
- The lenders and bond underwriters in connection with a bid by St. Laurent Alliance, a consortium comprised of Kiewit Canada Development Corp, Macquarie Capital Group Limited, Skanska Infrastructure Development Inc. and Aecon Concessions, for the New Bridge for the St. Lawrence project
- A syndicate of lenders led by National Bank of Canada in respect of an operating revolving credit facility in the aggregate principal amount of $1,500,000,000 made available to CGI Inc.
- Caisse centrale Desjardins and The Toronto-Dominion Bank in connection with a proposed bridge financing in the principal amount of $110,000,000 to be made available to EBC Inc. for the construction of a new hospital in Baie St Paul, Québec
- A syndicate of lenders led by National Bank of Canada in respect of a secured revolving credit facility in the principal amount of $210,000,000 made available to Infrastructure Famille Santé Inc. in connection with the financing of the design and construction of the expansion of Centre Hospitalier Ste-Justine
- Casgrain & Company Limited, as agent, in connection with Series 1 Secured Notes in the aggregate principal amount of $51,549,116 maturing on October 15, 2014, as well as Series 2 Secured Notes in the aggregate principal amount of $71,375,000 maturing on March 31, 2044, which were issued by Rainbow Hospital Partnership in connection with the design, building, maintenance and operation of the Restigouche Hospital Centre in Campbellton, New Brunswick
Latest Insights
-
Osler Update Apr 22, 2021
Québec Court of Appeal clarifies rules on guarantors’ liability for legal fees
The Québec Court of Appeal recently rendered a judgment authorizing a lender to recover its reasonable legal fees from a guarantor (or surety),...
Read more
Awards and Recognition
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The Canadian Legal Lexpert Directory: Recognized in Banking & Financial Institutions; Infrastructure Law; Project Finance
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Best Lawyers in Canada: Recognized in Asset-Based Lending Practice; Banking and Finance Law; Project Finance Law
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IFLR 1000: The Guide to the World’s Leading Financial Law Firms: Recognized in Banking; Project Finance (Highly Regarded)
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Who’s Who Legal: Recognized in Finance (Canada); Banking – Finance
Media Mentions
-
Osler News Jan 9, 2024
34 Osler lawyers recognized in 2024 Lexpert/American Lawyer Guide to Leading 500 Lawyers in Canada
Osler is pleased to announce that 34 of our lawyers have been recognized in the 2024 edition of the Lexpert/American Lawyer Guide to the Leading 500...
Read more -
Osler News Jun 6, 2023
16 Osler lawyers recognized in Lexpert Special Edition: Infrastructure 2023
Congratulations to 16 of our lawyers for their inclusion in the Lexpert Special Edition: Infrastructure 2023.
Read more -
Osler News Apr 19, 2023
42 Osler lawyers recognized by Lexpert as leaders in Finance and M&A
Osler is proud to announce 42 of our lawyers have been recognized as leaders in the Lexpert Special Edition: Finance and M&A 2023.
Read more -
Osler News Jun 15, 2022
25 Osler lawyers recognized in Lexpert Special Edition: Infrastructure 2022
Congratulations to 25 of our lawyers for their inclusion in the Lexpert Special Edition: Infrastructure 2022.
Read more
Credentials
Education
- Université de Montréal, LL.B.
Languages
- English
- French
Professional Affiliations
- Barreau du Québec
- Canadian Bar Association
- American Bar Association
- Infrastructure Council, board member
