Richard M. Borins

Richard M. Borins

Partner, Financial Services

Contact Information

rborins@osler.com

tel: 416.862.6731

Office

Toronto

Bar Admission

Ontario, 1995

Education

  • University of Western Ontario, LL.B. (with distinction)
  • University of Western Ontario, B.Sc.

Language(s)

English

Richard has over 25 years of experience advising lenders, issuers and borrowers in numerous areas of banking law including structured finance, asset based lending, complex domestic and cross border financings and securitization. Richard is an expert in cross-border financing transactions.  He represents both borrowers and lenders in a variety of secured transactions and his range of experience includes numerous domestic commercial lending transactions, domestic and cross-border syndicated loan transactions and domestic and cross-border public and private asset securitizations. Richard also assists a number of the firm’s retail clients and emerging company clients with their ongoing financing related matters.  Richard has spoken extensively in the areas of corporate lending and personal property security law.

    • Interac Corp. in Canada's new real-time payments system
    • Investec, as Administrative Agent to Citi, HSBC Bank Canada, and ING Bank N.V. in connection with the Canadian financing aspects of a $800 million revolving credit facility and bridge financing made available to Endeavour in connection with its announced acquisition of all of the issued and outstanding securities of Teranga by way of a Plan of Arrangement under the CBCA
    • Gap Inc. in connection with the Canadian financing aspects of its US$1.868 billion asset-based revolving credit facility
    • Canada’s Big 6 “D-SIB Banks” in connection with the Canadian Emergency Business Account program initiated by Export Development Canada on behalf of the Government of Canada
    • Ensign Energy Services Inc. on financing matters related to its acquisition of Trinidad Drilling Ltd. for $947 million
    • Lead counsel to Mitel Networks Corporation in connection with financing its acquisition of ShoreTel, Inc. for US$530 million
    • Lead counsel to the issuer in connection with a note issuance of over $200,000,000 under the issuer’s Canadian rental fleet securitization program
    • Winnipeg Jets (acted for shareholder) in connection with financing for this NHL franchise
    • Acted for certain Canadian mining companies in connection with their multi-jurisdictional credit facilities
    • Acting for numerous banks/financial institutions/lenders including: Bank of Montreal, CIBC, JPMorgan Chase Bank, LBC Credit Partners, Morgan Stanley, National Bank, CRG Partners, Royal Bank of Canada, The Bank of Nova Scotia. The Toronto-Dominion Bank and Wells Fargo
    • Acting for numerous retail clients in connection with their financing related activities in Canada including: Aaron’s Inc., American Eagle Outfitters Inc., Ann Inc., Avis Budget Group, Inc., Bulk Barn Foods Limited, Foot Locker, Inc., Tim Hortons and Yogurtworld Enterprises Inc.
    • Acting for numerous start-up entities on their financing transactions

  • The Canadian Legal Lexpert Directory: Recognized in Asset Securitization; Asset-Based Lending; Banking & Financial Institutions
  • The Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada: Recognized in Banking & Financial Institutions
  • The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada: Recognized in Banking and Finance
  • Best Lawyers in Canada: Recognized in Banking and Finance Law
  • IFLR 1000: The Guide to the World’s Leading Financial Law Firms: Recognized in Financial Services Regulatory (Highly Regarded)
  • Acritas Stars: Recognized as a Star Lawyer

  • Canadian Bar Association
  • Law Society of Ontario