A partner in the Financial Services Group of our Calgary office, Sameena’s practice focuses on advising lenders and borrowers on debt financing transactions, both syndicated and bilateral, including acquisition, cross-border, project, asset-based and real estate financings. Sameena also has experience advising clients on a variety of corporate and commercial matters.
Prior to joining Osler, Sameena was a partner at another Canadian law firm.
Areas of Expertise
Representative Work
Prior to joining Osler:
- National Bank of Canada: Advising the bank as administrative agent, lead arranger and lender on a CAD$31 million project financing used for the development, construction, ownership, operation and maintenance of the 15-megawatt Brooks Solar Power Plant located near Brooks, Alberta.
- Bank of Montreal: Advising the administration agent and the syndicate of lenders in respect of an ABL financing providing for a $70 million operating facility and a US$5 million standby letter of credit facility in favour of Source Energy Services Canada LP.
- Bank of Montreal: Advising the administration agent and the syndicate of lenders in respect of a financing for Onstream Pipeline Inspection Services Inc. (“Onstream”), an acquisition entity formed by the sponsor, Novacap TMT, to facilitate the purchase by Onstream of all the assets of Onstream Pipeline Inspection Ltd. in the U.S. and Canada.
- Export Development Canada (EDC): Advising EDC in connection with the Canada Emergency Business Account program (CEBA), a $55 billion program which provides loans to Canadian small and medium sized businesses which have been adversely affected by COVID-19.
- Canadian Chartered Bank: Advising the administrative agent and syndicate of lenders on the $35 million aggregate secured credit facilities for the construction, expansion and operation of an ethanol fuel facility, expansion of rail lines and for other working capital purposes in respect of a grain terminal operator as borrower.
- Canadian Chartered Bank: Advising the lender for several construction, acquisition, operating and term loan facilities ranging up to $250 million for providers of assisted living, long-term care and seniors community facilities.
- Confidential Client: Advising the corporate borrower on its $510 million disposition of oil and gas assets located in British Columbia.
- Confidential Client: Advising the corporate borrower on its $130 million management led going private acquisition of all shares via a plan of arrangement and all aspects of structuring and securing senior and subordinate syndicated credit facilities.
- Confidential Client: Advising a leading communications provider on its $1 billion senior syndicated revolving credit facility.
Awards and Recognition
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Best Lawyers in Canada: Recognized in Banking and Financial Law (Ones to Watch)
Media Mentions
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Osler News Apr 5, 2023
Osler bolsters Financial Services Group in Calgary with the addition of four partners
Osler is pleased to welcome Edward Wooldridge, Paul S. Taylor, Patrick Mah and Sameena Sarangi to the Financial Services Group as partners in the...
Read more
Community Involvement
- The Junior League of Calgary, Chair of Provisional Development
- Aga Khan Foundation Canada, Committee Member, World Partnership Golf
Credentials
Education
- Queen’s University, J.D.
- University of Alberta, Bachelor of Commerce (with distinction)
Languages
- English
Professional Affiliations
- Law Society of Alberta
- Canadian Bar Association
- Calgary Bar Association
- Women in Capital Markets
- Federations of Asian Canadian Lawyers
- South Asian Bar Association, Calgary Chapter, Director
