Corporate Law Burnaby - Our Banking & Project Finance Team helps lenders and borrowers within the full range of financing alternatives. The variety of loan and other commercial credit facilities we serve range from simple letters of credit to complex multi-jurisdictional credit facilities (unsecured and secured, syndicated and non-syndicated). A number of transactions have involved public sector credit facilities.
As borrower and lender counsel, we have acted in order to facilitate several syndicated credit facilities which have raised operating capital amounting to hundreds of millions of dollars. Our clients have consisted of an auto parts manufacturers, manufacturing companies, restaurant franchisees, and large mining and forestry companies. We have helped borrowers, in industries as diverse as restaurant franchising and home appliances, to secure a wide range of acquisition financing by utilizing sale-leaseback transactions, senior debt, and mezzanine and subordinated lending. Our Banking & Project Finance Group has particular strength in four transactional fields: project finance, asset finance, real estate finance, and subordinated debt and mezzanine financing.
Our team which looks after Banking & Project Finance represent borrowers and lenders within asset-based loans which need utilizing receivables, inventory, leased equipment, bond obligations, and various other assets as collateral. Amongst our clients are a video game distributor, a technology company, and various other businesses with complex requirements for cross-border security and guarantees. We serve borrower clients who have sales and manufacturing operations in Canada, the U.S. and abroad.
Our group of litigators has accumulated many years of skill documenting the required covenants for cash management, reserves and reporting. We likewise act for numerous borrowers on asset-based loans that are made by the majority of major market lenders.
Our lawyers have the expertise to handle the financing of huge projects, navigating the difficulties of regulatory, legal and financial problems. These projects consist of the structure of power plants, pulp mills, industrial facilities, mines, real estate developments and other capital-intensive building projects. For these difficult structures, we offer project finance support to both borrowers and lenders. On the lender side, our knowledge consists of advising regarding construction financing and subsequent sale of a hydroelectric facility. We likewise represent pension fund managers as lenders in first mortgage project financing for the structure of commercial real estate projects.
Real Estate Finance
Thanks to the good working relations our lawyers enjoy with all major financial institutions, we have many years of success helping with construction finance and commercial mortgage involving real estate development and acquisition. We advise clients on loan structures. We can settle and negotiate financing documents from both the borrower's and lender's perspectives. The handling of environmental due diligence is part of documenting and closing such financing transactions. In situations of foreclosure or default, our objective is to assist lenders maximize debt recovery by recommending on mortgage remedies and security enforcement alternatives.
Subordinated Debt and Mezzanine Financing
Our lawyers in Banking & Project Finance have the knowledge to be able to help the numerous mid-market and entrepreneurial companies in their pursuit of financing alternatives which occupy the market range between common equity and senior debt. Normally such transactions enable our clients to bridge the gap between senior debt and equity financing to seek out acquisitions and other possibilities. With our help, lenders are able to secure the control and return they require whereas borrowers are allowed to obtain the resources they need for growth. As we negotiate the subordination agreements and priorities amongst the different classes of creditors, we can structure the financing package for the debentures or notes to involve sale-leaseback arrangements, convertible preferred shares and equity shares.
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