Karly Descoteaux
Associate
Outline
Overview
Karly Descoteaux is an associate in the Financial Services Practice Group where she represents borrowers and lenders across a broad spectrum of financing transactions.
Karly regularly advises a diverse range of domestic and international credit providers, including commercial banks, institutional lenders and alternative lending platforms, as well as borrowers and financial sponsors. She has significant experience negotiating both domestic and cross-border syndicated loan financings, first lien and second lien credit facilities and complex intercreditor arrangements. Her work also extends to restructurings and other debt capital markets transactions.
Prior to joining Bennett Jones, Karly worked at another national firm.
Client Work
Andrew Peller in its approximately C$579-million all-cash going private transaction by way of a plan of arrangement with Fairfax Financial Holdings
Shift4 Payments and its affiliates in their acquisition of Bambora Inc., Bambora Holding Corp., Bambora Corp. and Worldline SMB US
Canadian counsel to various US banks in cross-border loans and cross-border security
VW Credit Canada in the securitization of its Canadian consumer auto lease portfolio
VW Credit Canada in the securitization of its Canadian consumer auto loan portfolio
Skandinaviska Enskilda Banken, as joint lead arranger and joint bookrunner, in term loan facilities totaling C$385-million and C$125-million revolving credit facility made to a medical technology corporation
Related Services
Education & Bar Admissions
Education
- Wilfrid Laurier University, BA (Hons., Political Science and Legal Studies), 2015, with distinction
- University of Ottawa, JD, 2018
Bar Admissions
- Ontario, 2019
Insights
Blog
New Legislation Will Require Money Services Businesses in British Columbia to Register
June 19, 2023Lisa Kakoske, Simon Grant & Karly Descoteaux
Blog
Anti-Money Laundering Rules Expanded to Include Payment Service Providers and Crowdfunding Platforms
June 21, 2022Simon Grant, Karly Descoteaux & Asif Zalfackruddin
