Peter Martorelli

Partner

Peter Martorelli

Peter Martorelli

Partner

Bar Admissions
  • Ontario, 2012

With a broad practice in acting on corporate, commercial and securities transactions, Peter keeps his focus on clients’ success.

Peter acts for clients on mergers and acquisitions, as well as securities offerings and secured lending matters. He assists with ongoing securities and corporate law obligations. Peter regularly works with clients in banking, energy, private equity, real estate and mining.

In 2014, Peter spent six months on secondment with RBC Law Group’s Capital Markets team.

Peter Martorelli

Partner

With a broad practice in acting on corporate, commercial and securities transactions, Peter keeps his focus on clients’ success.

Peter acts for clients on mergers and acquisitions, as well as securities offerings and secured lending matters. He assists with ongoing securities and corporate law obligations. Peter regularly works with clients in banking, energy, private equity, real estate and mining.

In 2014, Peter spent six months on secondment with RBC Law Group’s Capital Markets team.

CMP Group Ltd.

Acted for CMP Group Ltd., a portfolio company of Ironbridge Equity Partners, in its acquisition and related financing of the operating assets of MarineTech Products, Inc.

CIBC World Markets and BMO Capital Markets

Acted for CIBC World Markets and BMO Capital Markets as joint bookrunners with the offering of $100 million of trust units of Crombie REIT undertaken by a combination of a "bought deal" prospectus offering and a concurrent private placement.

TD Securities Inc., National Bank Financial Inc. and Scotia Capital Inc.

Acted for a syndicate of agents, led by TD Securities Inc., National Bank Financial Inc. and Scotia Capital Inc. in a private placement of a $150 million of senior unsecured Series G notes due June 21, 2027, issued by Crombie Real Estate Investment Trust.

Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc.

Acted for a syndicate of agents, led by Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc., in a private placement of a $200 million senior unsecured Series F notes due August 26, 2026 issued by Crombie Real Estate Investment Trust.

FortisOntario Inc.

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.

Ironbridge Equity Partners

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.

The Bank of Nova Scotia

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.

Syndicate of agents

Acted for a syndicate of agents, led by Scotia Capital Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., and RBC Dominion Securities Inc., in a private placement of a $175 million senior unsecured Series E notes due January 31, 2025 issued by Crombie Real Estate Investment Trust.

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

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.

TD Securities Inc., CIBC World Markets Inc. and Desjardins Securities Inc.

Acted for a syndicate of agents, led by TD Securities Inc., CIBC World Markets Inc. and Desjardins Securities Inc., in a private placement of an additional $75-million senior unsecured Series B notes due June 1, 2021, issued by Crombie Real Estate Investment Trust.

Canadian Business Growth Fund

Acted for Canada's leading banks and insurance companies to form the Canadian Business Growth Fund, an independent evergreen fund with a national mandate to provide long-term patient, minority capital to entrepreneurs pursuing growth and expansion strategies.

Rogers Communications Inc.

Acted for Rogers Communications Inc. to establish its Canadian shelf prospectus, qualifying up to $4 billion of future public offerings of debt securities in Canada, and its separate Canadian shelf prospectus and associated U.S. registration statement, registering up to US$4 billion of future public offerings of debt securities in the United States pursuant to the multijurisdictional disclosure system.

The Bank of Nova Scotia

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.

Royal Bank of Canada

Acted for Royal Bank of Canada in the establishment of its $7-billion senior note program in 2018, and ongoing representation of Royal Bank of Canada in takedowns of structured products under its senior note program.

Rogers Communications Inc.

Acted for Rogers Communications Inc. in its US$750-million underwritten public offering of senior notes due 2048, issued in the United States under the multijurisdictional disclosure system.

TD Securities Inc., CIBC World Markets Inc. and National Bank Financial Inc.

Acted for the syndicate of agents, led by TD Securities Inc., CIBC World Markets Inc. and National Bank Financial Inc., in a $150-million private placement of senior unsecured Series D notes due November, 21 2022 issued by Crombie Real Estate Investment Trust.

TD Securities Inc. and CIBC World Markets Inc.

Acted for the syndicate of underwriters, led by TD Securities Inc. and CIBC World Markets inc., in connection with a private placement of an additional $75-million senior unsecured notes due 2021 issued by Crombie Real Estate Investment Trust. The net proceeds of the offering were used to repay existing debt and for general corporate purposes.

Canadian Imperial Bank of Commerce and The Toronto-Dominion Bank

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.

Royal Bank of Canada

Acted for Royal Bank of Canada in connection with the establishment of its $7-billion senior note program in 2016, and ongoing representation of Royal Bank of Canada in connection with takedowns of structured products under its senior note program, including pre-clearances of "novel" specified derivatives with the Autorité des marchés financiers in Québec.

RBC Dominion Securities Inc. and CIBC World Markets Inc.

Acted for a syndicate of agents led by RBC Dominion Securities Inc. and CIBC World Markets Inc. in connection with the initial public offering of Energy Credit Opportunities Income Fund, a closed-end investment fund which is managed by Purpose Investments Inc.

Agnico Eagle Mines Limited

Acted for Agnico Eagle Mines Limited in connection with its acquisition of a 55% interest in Gunnarn Mining AB, the owner of the Barsele Gold Project in Sweden, from Orex Minerals Inc. for an aggregate of US$10 million and the entering into of a joint venture for the management and operation of Gunnarn Mining AB and the exploration and development of the project. As part of the transaction, Agnico Eagle granted a royalty interest in the project to Orex, has committed to spend US$7 million over three years and will earn an additional 15% interest in Gunnarn Mining AB if it completes a pre-feasibility study.

Scotia Capital Inc., CIBC World Markets Inc. and BMO Nesbitt Burns Inc.

Acted for a syndicate of underwriters, co-led by Scotia Capital Inc., CIBC World Markets Inc. and BMO Nesbitt Burns Inc. in a bought deal private placement of $125-million notes due 2020 issued by Crombie Real Estate Investment Trust. The net proceeds of the offering were used to repay existing debt, including the outstanding 5.75% Series C Convertible Unsecured Subordinated Debentures and for general corporate purposes.

Deutsche Bank AG

Acted for Deutsche Bank AG in connection with the establishment of credit facilities to finance the construction and long-term operation of two SunEdison sponsored 10 MW ground-mount solar projects known as "Lindsay" and "Solar Spirit", each of which had been awarded a 20-year power purchase contract under Ontario's Feed-in Tariff Program.

Mizuho Bank, Ltd.

Acted for Mizuho Bank, Ltd. in connection with the establishment of credit facilities to finance the construction and long-term operation by SunE Westbrook LP and Oro-Medonte Solar Farm Inc. of two 10-MW ground-mount solar projects, each of which had been awarded a 20-year power purchase contract under Ontario's Feed-in Tariff Program.

Osgoode Hall Law School—Harley D. Hallett Scholarship; Simms Shuber Prize (Corporate Governance)

Bar Admissions

Ontario, 2012

Education

Osgoode Hall Law School, JD, 2011
DeGroote School of Business, McMaster University, MBA (D.M. Hedden Gold Medallist), 2008
DeGroote School of Business, McMaster University, BComm (Governor General’s Silver Medallist), 2007

With a broad practice in acting on corporate, commercial and securities transactions, Peter keeps his focus on clients’ success.

Peter acts for clients on mergers and acquisitions, as well as securities offerings and secured lending matters. He assists with ongoing securities and corporate law obligations. Peter regularly works with clients in banking, energy, private equity, real estate and mining.

In 2014, Peter spent six months on secondment with RBC Law Group’s Capital Markets team.

CMP Group Ltd.

Acted for CMP Group Ltd., a portfolio company of Ironbridge Equity Partners, in its acquisition and related financing of the operating assets of MarineTech Products, Inc.

CIBC World Markets and BMO Capital Markets

Acted for CIBC World Markets and BMO Capital Markets as joint bookrunners with the offering of $100 million of trust units of Crombie REIT undertaken by a combination of a "bought deal" prospectus offering and a concurrent private placement.

TD Securities Inc., National Bank Financial Inc. and Scotia Capital Inc.

Acted for a syndicate of agents, led by TD Securities Inc., National Bank Financial Inc. and Scotia Capital Inc. in a private placement of a $150 million of senior unsecured Series G notes due June 21, 2027, issued by Crombie Real Estate Investment Trust.

Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc.

Acted for a syndicate of agents, led by Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc., in a private placement of a $200 million senior unsecured Series F notes due August 26, 2026 issued by Crombie Real Estate Investment Trust.

FortisOntario Inc.

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.

Ironbridge Equity Partners

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.

The Bank of Nova Scotia

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.

Syndicate of agents

Acted for a syndicate of agents, led by Scotia Capital Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., and RBC Dominion Securities Inc., in a private placement of a $175 million senior unsecured Series E notes due January 31, 2025 issued by Crombie Real Estate Investment Trust.

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

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.

TD Securities Inc., CIBC World Markets Inc. and Desjardins Securities Inc.

Acted for a syndicate of agents, led by TD Securities Inc., CIBC World Markets Inc. and Desjardins Securities Inc., in a private placement of an additional $75-million senior unsecured Series B notes due June 1, 2021, issued by Crombie Real Estate Investment Trust.

Canadian Business Growth Fund

Acted for Canada's leading banks and insurance companies to form the Canadian Business Growth Fund, an independent evergreen fund with a national mandate to provide long-term patient, minority capital to entrepreneurs pursuing growth and expansion strategies.

Rogers Communications Inc.

Acted for Rogers Communications Inc. to establish its Canadian shelf prospectus, qualifying up to $4 billion of future public offerings of debt securities in Canada, and its separate Canadian shelf prospectus and associated U.S. registration statement, registering up to US$4 billion of future public offerings of debt securities in the United States pursuant to the multijurisdictional disclosure system.

The Bank of Nova Scotia

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.

Royal Bank of Canada

Acted for Royal Bank of Canada in the establishment of its $7-billion senior note program in 2018, and ongoing representation of Royal Bank of Canada in takedowns of structured products under its senior note program.

Rogers Communications Inc.

Acted for Rogers Communications Inc. in its US$750-million underwritten public offering of senior notes due 2048, issued in the United States under the multijurisdictional disclosure system.

TD Securities Inc., CIBC World Markets Inc. and National Bank Financial Inc.

Acted for the syndicate of agents, led by TD Securities Inc., CIBC World Markets Inc. and National Bank Financial Inc., in a $150-million private placement of senior unsecured Series D notes due November, 21 2022 issued by Crombie Real Estate Investment Trust.

TD Securities Inc. and CIBC World Markets Inc.

Acted for the syndicate of underwriters, led by TD Securities Inc. and CIBC World Markets inc., in connection with a private placement of an additional $75-million senior unsecured notes due 2021 issued by Crombie Real Estate Investment Trust. The net proceeds of the offering were used to repay existing debt and for general corporate purposes.

Canadian Imperial Bank of Commerce and The Toronto-Dominion Bank

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.

Royal Bank of Canada

Acted for Royal Bank of Canada in connection with the establishment of its $7-billion senior note program in 2016, and ongoing representation of Royal Bank of Canada in connection with takedowns of structured products under its senior note program, including pre-clearances of "novel" specified derivatives with the Autorité des marchés financiers in Québec.

RBC Dominion Securities Inc. and CIBC World Markets Inc.

Acted for a syndicate of agents led by RBC Dominion Securities Inc. and CIBC World Markets Inc. in connection with the initial public offering of Energy Credit Opportunities Income Fund, a closed-end investment fund which is managed by Purpose Investments Inc.

Agnico Eagle Mines Limited

Acted for Agnico Eagle Mines Limited in connection with its acquisition of a 55% interest in Gunnarn Mining AB, the owner of the Barsele Gold Project in Sweden, from Orex Minerals Inc. for an aggregate of US$10 million and the entering into of a joint venture for the management and operation of Gunnarn Mining AB and the exploration and development of the project. As part of the transaction, Agnico Eagle granted a royalty interest in the project to Orex, has committed to spend US$7 million over three years and will earn an additional 15% interest in Gunnarn Mining AB if it completes a pre-feasibility study.

Scotia Capital Inc., CIBC World Markets Inc. and BMO Nesbitt Burns Inc.

Acted for a syndicate of underwriters, co-led by Scotia Capital Inc., CIBC World Markets Inc. and BMO Nesbitt Burns Inc. in a bought deal private placement of $125-million notes due 2020 issued by Crombie Real Estate Investment Trust. The net proceeds of the offering were used to repay existing debt, including the outstanding 5.75% Series C Convertible Unsecured Subordinated Debentures and for general corporate purposes.

Deutsche Bank AG

Acted for Deutsche Bank AG in connection with the establishment of credit facilities to finance the construction and long-term operation of two SunEdison sponsored 10 MW ground-mount solar projects known as "Lindsay" and "Solar Spirit", each of which had been awarded a 20-year power purchase contract under Ontario's Feed-in Tariff Program.

Mizuho Bank, Ltd.

Acted for Mizuho Bank, Ltd. in connection with the establishment of credit facilities to finance the construction and long-term operation by SunE Westbrook LP and Oro-Medonte Solar Farm Inc. of two 10-MW ground-mount solar projects, each of which had been awarded a 20-year power purchase contract under Ontario's Feed-in Tariff Program.

Osgoode Hall Law School—Harley D. Hallett Scholarship; Simms Shuber Prize (Corporate Governance)

Bar Admissions

Ontario, 2012

Education

Osgoode Hall Law School, JD, 2011
DeGroote School of Business, McMaster University, MBA (D.M. Hedden Gold Medallist), 2008
DeGroote School of Business, McMaster University, BComm (Governor General’s Silver Medallist), 2007