Finance

Royal Bank of Canada, 2023

Acted for Royal Bank of Canada in connection with the establishment of senior secured “green loan” credit facilities in favour of a subsidiary of the University of Toronto, the proceeds of which will be used to complete deep energy retrofit projects – such as converting gas boilers to electric boilers and installing energy storage solutions – to reduce greenhouse gas emissions by more than 50 per cent, or 45,000 tonnes of CO2 equivalents, by 2030. Canada Infrastructure Bank provided subordinated credit facilities.

Canada Infrastructure Bank, 2023

Acted for Canada Infrastructure Bank in its financing of up to C$210-million in OTR Infrastructure LP for the Parkland Electric Vehicle Charging Network. Parkland will use proceeds of the financing to fund the installation and operation of thousands of direct current fast charging ports for zero-emission vehicles across Canada.

Waterton Global Resource Management & Waterton Copper Corp, 2023

Acting for Waterton Global Resource Management and Waterton Copper Corp. in connection with the acquisition by Wheaton Precious Metals Corp. of a US$115-million silver stream on the Mineral Park Mine in Arizona owned by Waterton Copper Corp. and the provision of a US$25 million secured debt facility from Wheaton to Waterton Copper.

Warwick Hotels and Resorts, 2023

Acted for Warwick Hotels and Resorts in the financing and purchase of the iconic luxury hotel Le Crystal in downtown Montréal, which includes a spa and parking facilities.

Axium Infrastructure, 2023

Acted for Axium Infrastructure in connection with a mezzanine financing of a portfolio of solar projects located in Ontario. 

The Canada Life Assurance Company, 2023

Acted for The Canada Life Assurance Company and its affiliates with the C$185.5-million financing of a portfolio of three hydroelectric generating facilities located in British Columbia and Quebec totalling approximately 107 MW owned by Innergex Renewable Energy Inc. The Gilles Lefrancois Project (24 MW) is located in Levis, Quebec and the Rutherford Creek (50 MW) and Miller Creek (33 MW) Projects are located near Squamish-Lillooet, British Columbia. The projects are fully-contracted with take-or-pay contracts with Hydro-Quebec and BC Hydro, respectively.

National Bank of Canada, 2023

Acted for a syndicate of lenders led by National Bank of Canada in establishing a US$125-million revolving credit facility in favour of Sagicor Financial Company Ltd.

Lithium Royalty Corporation, 2023

Acted as financing counsel to Lithium Royalty Corp. in establishing a US$25-million revolving credit facility with National Bank of Canada.

Manulife, 2023

Acted for Manulife Financial Corporation on the financing of battery energy storage systems to be installed at three existing solar power projects in southern Alberta (Concord’s Coaldale, Monarch and Vulcan properties).

The Canada Life Assurance Company, 2023

Acted for The Canada Life Assurance Company in the establishment of credit facilities to finance the operations of Intragas Limited Partnership.

Valley Fiber Ltd., 2023

Acted for Valley Fiber, a portfolio company of DIF Capital, with the establishment of credit facilities by a syndicate of lenders led by National Bank of Canada.

Syndicate of Lenders, 2023

Acted for a syndicate of lenders led by Bank of Montreal in connection with the refinancing of certain credit facilities made available to BluEarth Renewables.

Caisse de dépôt et placement du Québec, 2022

Acted for Caisse de dépôt et placement du Québec and CDP Financial Inc. connection with an offering by CDP Financial of CAD $1.25 billion of Senior Notes under its Senior Notes Program.

Enerflex Ltd., 2022

Acted as Canadian counsel to Enerflex Ltd. in its U.S. and Canadian private placement of US$625-million high-yield senior secured notes.

A Canadian Financial Institution, 2022

Acted for a Canadian financial institution, the administrative agent involved in the financing of Fulcrum Capital Partners’ investment in the largest backyard leisure products business in Canada, VODA Backyard Leisure Group.

Canadian Imperial Bank of Commerce, 2022

Acted for Canadian Imperial Bank of Commerce, the administrative agent, lead arranger, and sole bookrunner in connection with $306-million senior secured credit facilities provided to Synex Business Performance Group, a consolidator of personal and commercial insurance brokerages, to refinance their existing credit facilities and provide support for future acquisitions.

Canadian Imperial bank of Commerce, 2022

Acted for Canadian Imperial Bank of Commerce, in the financing of ONCAP Partners’ acquisition of a majority stake in Merrithew International Inc.

Canada Infrastructure Bank, 2022

Acted for Canada Infrastructure Bank in connection with its first zero-emission bus ("ZEBs") investment in the province of Québec, involving a $15 million credit facility arrangement in favour of Autobus Groupe Séguin Inc. to support its purchase of up to 131 ZEBs.

Enerflex Ltd., 2022

Acted as Canadian financing counsel to Enerflex Ltd. in establishing a US$700-million revolving credit facility, a US$150-million term loan and a US$925-million bridge credit facility for its US$735-million business combination with Exterran Corporation to create a premier integrated global provider of energy infrastructure.

Hydrostor Inc., 2022

Acted for Hydrostor Inc., a developer of Advanced Compressed Air Energy Storage (A-CAES) projects, in securing a US$250-million preferred equity financing commitment from Goldman Sachs Asset Management - one of the largest investments in the emerging long-duration energy storage sector.

Immobilier Carbonleo Inc., 2022

Acted for Société en commandite BB, Nouveau DIX30 II S.E.C. and Immobilier Carbonleo Inc. in the acquisition and financing of a 50% interest in Quartier DIX30 and the transfer of its management to Immobilier Carbonleo Inc.

New Gold Inc., 2021

Acted for New Gold Inc. in the negotiation and establishment of a US$400-million credit facility.

Canadian Imperial Bank of Commerce, 2021

Acted for Canadian Imperial Bank of Commerce in the refinancing of a US$450-million senior secured revolving credit facility made available to HudBay Minerals Inc.

Stingray Group Inc., 2021

Acted for Stingray Group Inc. in connection with the extension and increase to $450 million of its senior secured credit facilities.

Xplornet Communications Inc., 2021

Acted for Xplornet Communications Inc., Canada's largest rural-focused broadband provider, in the refinancing of its credit facilities pursuant to which a US$995-million term loan and a C$160-million revolving credit facility were made available on a first-lien basis, and a US$200-million term loan was made available on a second-lien basis.

Hydrostor Inc., 2021

Acted for Hydrostor Inc., a developer of Advanced Compressed Air Energy Storage (A-CAES) projects, in securing $10 million in growth capital financing from BDC Capital to advance four A-CAES projects in Canada, the United States and Australia.

Canadian Imperial Bank of Commerce, 2021

Acted for Canadian Imperial Bank of Commerce in establishing a $1.3-billion senior credit facility and a $250-million bridge facility for the $950-million initial public offering by dentalcorp Holdings Ltd., Canada's largest network of dental practices.

Canada Enterprise Emergency Funding Corporation, 2021

Acted for Canada Enterprise Emergency Funding Corporation, a non-agent Crown corporation and wholly owned subsidiary of Canada Development Investment Corporation, in connection with Air Canada's approximately $6-billion financing agreements with the Government of Canada through the Large Employer Emergency Financing Facility (LEEFF) program.

DIF Capital Partners and Valley Fiber Limited, 2021

Acted as lead transaction counsel to DIF Capital Partners and Valley Fiber Ltd. in their investment together with Canada Infrastructure Bank in the $328-million Manitoba Fibre project, which involves the construction of 2,657 kilometres of mainline fibreoptic cabling, targeting 48,500 underserved households with dedicated fibre-to-the-home.

WeCommerce Holdings Ltd., 2021

Acted for WeCommerce Holdings Ltd. in establishing a US$80-million senior secured credit facility with a syndicate of lenders led by JPMorgan Chase Bank, N.A. to finance its acquisition of Stamped.io Pte. Ltd., a leading Software-as-a-Service (SaaS) platform.

Fody Food Co. Inc., 2021

Acted for Fody Food Co. Inc., a Montreal-based company specializing in the production of food products that promote digestive health, in an equity investment round led by District Ventures Capital, Export Development Canada and New Acres Capital.

PCL Investments Canada Inc., 2021

Acted for a syndicate of lenders comprised of ATB Financial, Fédération des caisses Desjardins du Québec, The Bank of Nova Scotia, Toronto-Dominion Bank and Business Development Bank of Canada in the establishment of a senior secured credit facility to partially finance the design and construction of the $2.174-billion New St. Paul's Hospital Project (Phase 1a) in Vancouver, British Columbia.

CenTrio Energy, 2021

Acted for CenTrio Energy in financing for the deferred upfront payment to Syracuse University in connection with the long-term concession agreement for the modernization of Syracuse University's steam station operations project.

Canadian Imperial Bank of Commerce, 2021

Acted for a syndicate of lenders led by Canadian Imperial Bank of Commerce in establishing $250-million margin loan facilities for material shareholders of dentalcorp Holdings Ltd. in connection with its initial public offering.

National Bank of Canada and MUFG Bank Ltd., 2021

Acted for National Bank of Canada and MUFG Bank Ltd. in the C$216.3-million refinancing of credit facilities made available in connection with three ground-mounted, solar photovoltaic generating facilities located in Sault Ste. Marie, Ontario.

Woodbourne Canada Partners, 2021

Acted for Woodbourne Canada Partners in the refinancing of a five-story, 144-unit student residence for Queen's University in Kingston, Ontario.

The Manufacturers Life Insurance Company, 2021

Acted for The Manufacturers Life Insurance Company in the establishment of credit facilities to finance a portfolio of solar projects in Alberta.

The Toronto-Dominion Bank, 2021

Acted for The Toronto-Dominion Bank, as administrative agent, in the restatement of syndicated aggregate credit facilities made available to GoodLife Fitness Centres, Canada's largest operator of exercise facilities, in connection with the loan received by Goodlife from Canada Enterprise Emergency Funding Corp. under the Large Employer Emergency Financing Facility.

The Manufacturers Life Insurance Company, 2020

Acted for The Manufacturers Life Insurance Company in the C$92.8 million non-recourse construction and term project financing for the Innavik Hydro Project, a 7.5 MW run-of-river hydroelectric facility being developed on the Innuksuac River in northern Québec by the first ever partnership between an Inuit corporation, which was formed under the James Bay and Northern Québec Agreement, and a leading independent power producer.

HSBC Bank of Canada, 2020

Acting for HSBC Bank of Canada in its capacity as operating lender and DIP lender to Ernest Enterprises (Mtl) Ltd.

Fédération des Caisses Desjardins, 2020

Acted for Fédération des Caisses Desjardins in connection with the cross-border restructuring of Cirque du Soleil under the Companies' Creditors Arrangement Act and Chapter 15 of the U.S. Bankruptcy Code as well as the implementation of cash management arrangements and other facilities.

Bank of Montreal, 2020

Acted as Canadian counsel to Bank of Montreal, as administrative agent, and a syndicate of lenders in connection with the establishment of a US$600-million incremental term credit facility (which increases the total term commitments to US$1.835 billion) in favour of certain wholly owned subsidiaries of BRP Inc.

DigitalBridge, 2020

Acted for DigitalBridge in connection with the additional $148.5 million of bank financing raised to recapitalize Beanfield Metroconnect and the related tuck-in acquisition by Beanfield of the fibre business of Aptum Technologies.

Bank of Montreal, 2020

Acted for a syndicate of agents led by Bank of Montreal in establishing a $200-million revolving credit facility in favour of Sienna Senior Living Inc.

The Manufacturers Life Insurance Company, 2020

Acted for The Manufacturers Life Insurance Company in the establishment of a credit facility to finance the construction of University of Windsor's new Lancer Sports & Recreation Centre.

McCain Foods Limited, 2020

Acted for McCain Foods Limited in establishing an acquisition credit facility with Farm Credit Corporation to fund a portion of the purchase price of McCain's C$70-million acquisition of Hillspring Farms Ltd., a Canadian farmer of potatoes.

Toromont Industries Ltd., 2020

Acted for Toromont Industries Ltd. in establishing a $250-million unsecured sidecar credit facility with a syndicate of lenders led by CIBC.

Fortis Inc., 2020

Acted for Fortis Inc. in connection with the establishment of a $500-million bilateral revolving term credit facility with The Bank of Nova Scotia.

Bank of Montreal, Royal Bank of Canada and The Bank of Nova Scotia, 2020

Acted for Bank of Montreal, Royal Bank of Canada and The Bank of Nova Scotia, as lenders, in the establishment of approximately $1.1 billion in secured margin loan facilities made available to a number of shareholders of GFL Environmental Holdings Inc. The margin loans were established in connection with the initial public offering of subordinate voting shares and tangible equity units of GFL Environmental Inc.

MUFG Bank, Ltd., 2020

Acted for MUFG Bank, Ltd. and a syndicate of lenders in the refinancing of credit facilities in an aggregate amount of approximately $219 million made available for the long-term operation of four ground-mount solar photovoltaic projects in Ontario, each of which had been awarded a 20-year power purchase contract with the IESO.

Minto Apartment Real Estate Investment Trust, 2019

Acted for Minto Apartment Real Estate Investment Trust in the $281.1-million acquisition and the financing of Le 4300 and Haddon Hall, two high-end multi-residential properties comprising a total of 528 suites located in the attractive neighbourhoods of Westmount and Ville-Marie in downtown Montréal, Québec.

Trivest Partners L.P., 2019

Acted for Trivest Partners L.P., a U.S. private equity firm focused exclusively on mid-market founder- and family-owned businesses, in its add-on acquisition of Total Power Limited, a Canadian provider of generators and climate control systems operating in Ontario, British Columbia and Alberta. The purchase was financed through various arrangements, including equity contributions and an increase in Trivest's senior secured facility with its bank syndicate.

Cominar Real Estate Investment Trust, 2019

Acted for Cominar Real Estate Investment Trust in the establishment of a $400-million unsecured credit facility and a $300-million secured credit facility with a syndicate of lenders co-led by National Bank Financial and BMO Capital Markets.

Knight Therapeutics Inc., 2019

Acted for Knight Therapeutics Inc. in its US$5-million secured bridge loan to Triumvira Immunologics Inc. (Triumvira) to accelerate product development and the negotiation of an exclusive licence to commercialize Triumvira's future approved products for Canada, Israel, Mexico and Colombia.

The Shareholders of Bennington Financial Services Corp., 2019

Acted for the shareholders of Bennington Financial Services Corp. in the sale of its shares to Equitable Bank.

Innovate Energy, 2019

Acted for Innovate Energy, a consortium consisting of ENGIE Services Canada, PCL Constructors Canada, PCL Investments Canada and Black & McDonald, in its contract to modernize, maintain and operate the district energy system that heats 80 buildings and cools 67 buildings, including the Parliament buildings, in Canada's capital region. This mandate is part of the Government of Canada's Energy Services Acquisition Program and it will contribute to the Government's goal to reduce its energy consumption and greenhouse gas emissions from its own operations by 40% by 2030.

FortisOntario Inc., 2019

Acted for Fortis Inc. and its subsidiary FortisOntario Inc. in connection with Ontario's largest First-Nations-led transmission project being undertaken by Wataynikaneyap Power LP, a partnership between 24 First Nations and private investors led by Fortis. This project was one of Lexpert's Top 10 deals of 2019.

Axium Infrastructure Inc., 2019

Acted for Axium Infrastructure Inc. in establishing a mezzanine credit facility in respect of Axium Solar's Elmsley and St. Isidore solar projects in Ontario.

Syndicate of Lenders, 2019

Acted for a syndicate of lenders in the establishment of credit facilities to partly finance the acquisition of BluEarth Renewables by DIF Capital Partners.

F.I.T. Ventures L.P., 2019

Acted for FIT Ventures in its acquisition, financing and development of real estate properties in the greater Montréal area.

Bank of Montreal, 2019

Acted for Bank of Montreal and a syndicate of lenders in the establishment of a $275-million revolving credit facility for Jamieson Laboratories Ltd. and its U.S. subsidiary.

Largest Investor, 2019

Lead counsel for the largest investor in the Wharf District development (Phase II) project in Washington, D.C., in connection with a US$847-million construction loan, the largest private construction loan in the history of Washington, D.C.

Bank of Montreal, 2019

Acted for the Bank of Montreal as co-lead arrangers and joint bookrunners with ATB Financial with a syndicated credit agreement for Sundial Growers Inc., a global cannabis company based in Canada and the United Kingdom.

Ironbridge Equity Partners, 2019

Acted for Ironbridge Equity Partners on the acquisition and related financing of Alumni Classroom Furniture Inc., a leading manufacturer and distributor of educational furniture for the pre-school through grade twelve market.

Largest Investor, 2019

Lead counsel for the largest investor in the Wharf District development (Phase I) project in Washington, D.C., in connection with a US$800-million refinanced construction loan, one of the largest single-asset loans in the history of Washington, D.C.

Stonebridge Financial Corporation, 2019

Acted for Stonebridge Financial Corporation in the term financing of two 10 MW operating wind generation projects owned by Musselshell Wind Project LLC in Montana.

Bank of Montreal, 2019

Acted for Bank of Montreal, the administrative agent for a syndicate of lenders, in the $135-million senior secured credit facility made available to Summit Industrial Income REIT.

Enerflex Ltd., 2019

Acted for Enerflex Ltd. in the negotiation and establishment of a $725-million second amended and restated revolving credit facility.

The Cadillac Fairview Corporation Limited, Tour Des Canadiens 3 LP and Tour TDC Developments Inc., 2019

Acted for The Cadillac Fairview Corporation Limited, Tour Des Canadiens 3 LP and Tour TDC Developments Inc. in connection with the construction financing relating to the development and construction of the project known as Tour des Canadiens 3, a 55-storey condominium comprising 574 residential units.

Zochem LLC, 2019

Acted for Zochem LLC in various matters involving the credit facilities made available to it by a syndicate of lenders.

Oakland Corridor Partners, 2018

Acted as transaction counsel to Oakland Corridor Partners team, comprising John Laing Investments Limited, AECOM Capital, Inc., Jay Dee Contractors, Inc., Ajax Paving Industries, Inc., Dan's Excavating, Inc. and C.A. Hull, in its winning bid for the design, build, financing and maintenance of the third and final segment of the I-75 Modernization Project in Michigan.

The Bank of Nova Scotia, 2018

Acted as counsel to The Bank of Nova Scotia, the administrative agent for a syndicate of lenders, in Pinnacle Renewable Holdings' US$37.1-million acquisition from The Westervelt Company of a 70% stake in an industrial wood pellet production facility in Alabama.

Explorance Inc., 2018

Acted for Explorance in its acquisition, as well as the financing of the acquisition, from Gartner, Inc., of Metrics That Matter, a leading provider of learning and development data and analytics solutions for the corporate market.

Baffinland Iron Mines Corporation and Baffinland Iron Mines LP, 2018

Acted as Canadian counsel to Baffinland Iron Mines Corporation and Baffinland Iron Mines LP in their U.S. and Canadian private placement of US$575 million 8.750% senior secured notes, the repurchase and redemption of an existing series of US$350 million senior secured notes, an associated consent solicitation and an amendment and joinder to the existing revolving credit agreement to increase the aggregate of incremental commitments.

Axium Infrastructure Inc. and The Manufacturers Life Insurance Company, 2018

Acted for (i) Axium Infrastructure Inc. and The Manufacturers Life Insurance Company in their joint $922-million acquisition from AltaGas Ltd. of a 35% interest in three hydroelectric projects in northwest British Columbia: the 195 MW Forrest Kerr Hydroelectric Facility, the 66 MW McLymont Creek Hydroelectric Facility and the 16 MW Volcano Creek Hydroelectric Facility; and (ii) Northwestern Hydro Acquisition Inc. (NWHA), the special purpose acquisition vehicle formed to complete the acquisition, in a subsequent $650 million senior secured bond financing and related letter of credit facility.

Brivia Group, 2018

Acted for Brivia Group in the development and financing of NEST Condos, an 11-storey building in downtown Montréal offering 97 residential condominiums and commercial spaces.

Bank of Montreal, 2018

Acted as Canadian counsel to Bank of Montreal and a syndicate of lenders in connection with the refinancing of the (i) US$900 million term loan and the (ii) C$575 million revolving credit facility made available to certain wholly-owned subsidiaries of BRP Inc.

Stingray Group Inc., 2018

Acted for Stingray Group Inc. in its $506-million acquisition of Newfoundland Capital Corporation Limited, one of Canada's leading radio broadcasters with 101 licences (82 FM and 19 AM) across Canada, and the financing of this acquisition, which included $450 million of new credit facilities and $138 million of equity, comprising a $83-million bought deal offering of subscription receipts, a $40-million private placement of subscription receipts to the Caisse de dépôt et placement du Québec, and $15 million from the exercise of pre-emption rights from the Boyko Group.

The Carlyle Group, 2018

Acted as Canadian counsel to The Carlyle Group for the term loan and senior note offering financing for its joint acquisition with GIC of the global specialty chemicals business of Akzo Nobel N.V.

Birch Hill Equity Partners, 2018

Acted for Birch Hill Equity Partners and one of its portfolio companies, Sigma Systems, in the amendment and restatement of a US$55-million loan provided by The Bank of Nova Scotia and a syndicate of lenders.

The Bank of Nova Scotia, 2018

Acted for a syndicate of lenders, led by The Bank of Nova Scotia, in the financing of Thinking Capital Financial Corporation, Canada's leading fintech lender to small businesses, which was acquired by Purpose Financial LP.

Cominar Real Estate Investment Trust, 2018

Acted for Cominar Real Estate Investment Trust in a $45-million secured financing on Carrefour Rimouski with Laurentian Bank of Canada as lender.

Cominar Real Estate Investment Trust, 2018

Acted for Cominar Real Estate Investment Trust in its $260 million secured credit facility with Dekabank Deutsche Girozentrale, as administrative agent and arranger.

Bank of Montreal, 2018

Acted for Bank of Montreal, the administrative agent for a syndicate of lenders, in the $91-million senior secured credit facility made available to Summit Industrial Income REIT under the credit agreement in connection with the acquisition of five industrial properties in Québec.

National Bank of Canada, 2018

Acted for National Bank of Canada in a $80-million secured capital call loan made available to a fintech venture fund focused on investments in the global financial technology sector.

Ironbridge Equity Partners, 2018

Acted for Ironbridge Equity Partners on the acquisition and related financing of Canada Metal (Pacific) Limited, a leading manufacturer and distributor of branded products serving the recreational marine, commercial marine and industrial markets.

Fengate Capital Management, 2018

Acted for Fengate Capital Management in its acquisition of the Heartland Petrochemical Complex's Central Utility Block (CUB) cogeneration facility from Inter Pipeline Ltd. and the project financing for the development, construction and operation of the CUB.

A Canadian private equity sponsor, 2018

Acted for a major Canadian private equity sponsor in the establishment by The Toronto-Dominion Bank of a $75,000,000 secured revolving credit facility to fund the working capital requirements of a private equity fund having capital commitments of $765,000,000.

National Bank of Canada, The Toronto-Dominion Bank and HSBC Bank Canada, 2018

Acted for the lending syndicate, led by National Bank of Canada, The Toronto-Dominion Bank and HSBC Bank Canada, in establishing a US$150-million syndicated revolving credit facility in favour of Medical Facilities Corporation, which, in partnership with physicians, owns surgical facilities in the United States.

Royal Bank of Canada, 2018

Acted for Royal Bank of Canada in providing senior debt financing and subordinate debt financing to Swander Pace, a U.S. private equity firm, in connection with its acquisition of Fine Choice Foods.

Resource-based private credit fund, 2018

Acted for a resource-based private credit fund in the establishment by Royal Bank of Canada of US$50,000,000 secured revolving credit facility to fund its working capital requirements.

Nomura Securities International, Inc., 2018

Acted for Nomura Securities International, Inc. in the refinancing of credit facilities in an aggregate amount of approximately $230 million made available for the long-term operation of seven 10-MW ground-mount solar photovoltaic projects in Ontario, each of which had been awarded a 20-year power purchase contract with the IESO.

Enerflex Ltd., 2017

Acted for Enerflex Ltd. in its private placement offerings of US$105 million of 4.67% senior unsecured notes due 2024, US$70 million of 4.87% senior unsecured notes due 2027, $15 million of 4.50% senior unsecured notes due 2024 and $30 million of 4.79% senior unsecured notes due 2027.

BMO Nesbitt Burns Inc., 2017

Acted for the Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Canada, which together have committed bank facilities of $3.4 billion to finance the cash portion of Metro Inc.'s $4.5 billion acquisition of The Jean Coutu Group Inc.

Agnico Eagle Mines Limited, 2017

Acted for Agnico Eagle Mines Limited in its US$80-million acquisition of the Santa Gertrudis gold project in Mexico from GoGold Resources Inc. In connection with the acquisition, Agnico Eagle provided GoGold with a US$7.5 million term loan, secured by a second ranking charge on all of GoGold's assets, which will be set off against the purchase price at the closing of the acquisition.

Les Propriétés Atwater Inc., 2017

Acted for Les Propriétés Atwater Inc. in its joint venture with Société Immobilière Bourgie Inc. for the acquisition of a multi-residential building in Montréal.

Knight Therapeutics Inc., 2017

Acted for a subsidiary of Knight Therapeutics Inc. on a secured loan of US$10 million to Synergy CHC Corp. to support product acquisitions as well as for general working capital purposes.

New Look Vision Group Inc., 2017

Acted for New Look Vision Group Inc. in its $120-million acquisition, by way of plan of arrangement, of Iris, le groupe visuel (1990) Inc., which has a network of 147 retail locations across Québec, British Columbia, Alberta, Ontario and New Brunswick. The purchase was financed through various arrangements, including an increase of New Look's senior secured term facility with its bank syndicate, a new junior unsecured debt facility and an equity private placement.

Alimentation Couche-Tard Inc., 2017

Acted for Alimentation Couche-Tard Inc. in a new US$4.3-billion three-year credit facility made available to Couche-Tard to finance its acquisition, by way of merger, of the Texas-based gas-and-convenience store chain, CST Brands, Inc.

Ironbridge Equity Partners, 2017

Acted for Ironbridge Equity Partners in connection with its acquisition and related financing of Avena Foods Limited, a leading supplier of gluten-free oats to the North American market.

Blackstone Tactical Opportunities, 2017

Acted for Blackstone Tactical Opportunities in connection the US$450-million project financing package for Lundin Gold, with Orion Mine Finance Group, to develop Lundin's Fruta del Norte project in Ecuador.

Caisse de dépôt et placement du Québec, 2017

Acted for Caisse de dépôt et placement du Québec in connection with an investment of $1.9 billion in SNC-Lavalin Group Inc. to finance a portion of the acquisition by SNC-Lavalin of all the share capital of WS Atkins plc. The Caisse's investment is structured as (i) a loan of $1.5 billion, secured by the value and cash flows of SNC-Lavalin's interest in the Highway 407 ETR project; and (ii) a subscription of approximately $400 million in subscription receipts of SNC-Lavalin.

BMO Nesbitt Burns Inc. and TD Securities Inc., 2017

Acted for BMO Nesbitt Burns Inc. and TD Securities Inc., as placement agents, and The Toronto-Dominion Bank and Bank of Montréal, as lenders, in connection with the private placement of $400 million aggregate principal amount of 3.310% Fixed Rate Senior Secured Notes due November 30, 2029 by, and the establishment of $33.5 million of credit facilities for, H2O Power Limited Partnership, a joint venture between Public Sector Pension Investment Board and BluEarth Renewables Inc., that owns and operates eight hydroelectric generating facilities in Ontario with a total installed capacity of approximately 142 MW. H2O Power Limited Partnership is the third largest provider of hydroelectric power in Ontario.

GSO Capital Partners LP, 2017

Acted for GSO Capital Partners LP and its affiliates in the negotiation and establishment of two credit facilities, and the acquisition of substantially all of the assets of Grafton-Fraser Inc., former owner of Tip Top Tailors and other men's retail chains across Canada, pursuant to the Companies' Creditors Arrangement Act.

Canadian Imperial Bank of Commerce and The Toronto-Dominion Bank, 2017

Acted for the underwriters, being Canadian Imperial Bank of Commerce and The Toronto-Dominion Bank, in connection with the financing of Acasta Enterprises Inc.'s acquisition of Apollo Health & Beauty Care Partnership and JemPak Corporation for aggregate consideration, together with Acasta's acquisition of the commercial aviation finance advisory and asset management businesses of Stellwagen Finance Company, of $1.2 billion.

Xplornet Communications Inc., 2017

Acted for Xplornet Communications Inc. in its U.S. and Canadian private placement of US$30 million in high yield notes and its US$30 million incremental secured term loan.

Time Warner Inc., 2017

Acted for Time Warner Inc. in an equity financing of Vemba Corporation.

Canadian Imperial Bank of Commerce, The Bank of Nova Scotia, ING Capital and a syndicate of lenders, 2017

Acted for Canadian Imperial Bank of Commerce, The Bank of Nova Scotia, ING Capital and a syndicate of lenders in the US$550-million senior secured credit facilities made available to Hudbay Minerals Inc. and Hudbay Peru SAC.

Agnico Eagle Mines Limited, 2017

Acted for Agnico Eagle Mines Limited in connection with its completed private placement of US$40-million 4.42% guaranteed senior unsecured notes due 2025; US$100-million 4.64% guaranteed senior unsecured notes due 2027; US$150-million 4.74% guaranteed senior unsecured notes due 2029; and US$10-million 4.89% guaranteed senior unsecured notes due 2032.

Golden Gate Capital, 2017

Acted as Canadian counsel to Golden Gate Capital in its acquisition of 20-20 Technologies, Inc.

Xplornet Communications Inc., 2017

Acted for Xplornet Communications Inc. in its U.S. and Canadian private placement of US$230 million in high yield notes, its US$75 million incremental secured term loan, its repurchase and redemption of existing high yield notes and its associated consent solicitation.

Acciona-Led Consortium, 2017

Acted as transaction counsel for a consortium comprised of Acciona Agua S.A., Acciona Agua Internacional, S.L. and Acciona Infrastructure Canada Inc., in its winning bid of $525 million for the design, build and finance of the Lions Gate Wastewater Treatment Plant project. Davies acted as lead transaction counsel for the consortium, including in the negotiation of the project documents with the Greater Vancouver Sewerage & Drainage District, the design-build documentation with the design-build contractor and the financing agreements with the lenders.

Rogers Communications Inc., 2017

Acted for Rogers Communications Inc. in the establishment of its US$1.5-billion commercial paper program.

Phoenix Partners Management Inc., 2017

Acted for Phoenix Partners Management Inc. in connection with (i) the creation of Phoenix Partners Fund I, L.P., first private equity fund of Phoenix Partners; (ii) the acquisition by 9356-0126 Québec Inc., a subsidiary of Phoenix Partners Fund I, L.P., of Les Industries Bernard & Fils Ltée, a Québec company in the maple syrup industry; (iii) the co-investment by Fonds de solidarité des travailleurs du Québec (F.T.Q.) for the acquisition; and (iv) the partial financing of the acquisition by the National Bank of Canada.

Syndicate of Lenders, 2017

Acted for a syndicate of lenders in connection with certain amendments to an existing revolving asset-based loan facility and an existing term loan facility to enable the completion of recapitalization and privatization transactions by Catalyst Paper Corporation.