Corporate Law Markham - In various financing alternatives, our teams of Banking & Project Finance Group assists borrowers and lenders alike. We advise and act upon various loan and other commercial credit facilities ranging from simple letters of credit to complex multi-jurisdictional credit facilities (secured and unsecured, non-syndicated and syndicated). Several transactions have involved public sector credit facilities.
We have acted as a borrower and lender counsel so as to facilitate many syndicated credit facilities which have increased capital within the hundreds of millions of dollars. We have amongst our clients, auto parts manufacturers, manufacturing and pipe coating businesses, restaurant franchisees, and big moving and storage businesses. We have helped borrowers, in businesses as diverse as home appliances and restaurant franchising, to secure a wide range of acquisition financing by using sale-leaseback transactions, senior debt, and subordinated and mezzanine lending. Our Banking & Project Finance Team has particular strength within four transactional areas: project finance, asset finance, real estate finance, and subordinated debt and mezzanine financing.
Our Banking & Project Finance Group represents both borrowers and lenders in asset-based loans which make use of inventory, receivables, bond obligations, leased equipment, and various other assets as collateral. Amongst our clients are a technology business, a video game distributor, and various other businesses with difficult needs for cross-border security and guarantees. We serve borrower clients who have manufacturing and sales operations within the U.S., Canada and abroad.
Our lawyers have accumulated a vast amount of experience documenting the needed covenants for reporting, cash management and reserves while representing borrowers on asset-based loans made by the majority of the major lenders within the market.
Our lawyers have the knowledge to handle the financing of huge projects, navigating the complexities of financial, regulatory and legal 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 such complex structures, we offer project finance help to both lenders and borrowers. On the lender side, our experience consists of advising on construction financing and subsequent sale of a hydroelectric facility. We even represent pension fund managers as lenders in first mortgage project financing for the construction of commercial real estate projects.
Real Estate Finance
Due to the good working relationships our lawyers have along with all major financial institutions, we have numerous years of success helping with commercial mortgage and construction finance involving real estate development and acquisition. We advise clients about 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 closing and documenting such financing transactions. In circumstances of foreclosure or default, our objective is to be able to assist lenders maximize debt recovery by recommending on mortgage remedies and security enforcement options.
Subordinated Debt and Mezzanine Financing
Our lawyers within Banking & Project Finance have the skill to assist the numerous entrepreneurial and mid-market companies in their pursuit of financing alternatives that occupy the market range between common equity and senior debt. Usually such transactions enable our clients to bridge the gap between senior debt and equity financing to seek out acquisitions and different opportunities. With our help, lenders can secure the return and control they require whereas borrowers are allowed to acquire the capital they require for growth. As we negotiate the priorities and subordination agreements among the different classes of creditors, we can structure the financing package for the debentures or notes to involve convertible preferred shares, equity shares, and sale-leaseback arrangements.
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