 Bennett Jones Education Wilfrid Laurier University, BA (Hons., Political Science and Legal Studies), 2015, with distinction University of Ottawa, JD, 2018 Bar Admissions Ontario, 2019 Overview Karly Descoteaux acts for borrowers and lenders on a wide range of financing transactions, including asset-based loans, acquisition financings, construction financings, project financings, cross-border loans and mortgage lending. Prior to joining Bennett Jones, Karly worked at another national firm. Experience • The lead arrangers and the lending syndicate of a US$2.55-billion term facility and US$600-million revolving credit facility to support the US$6.3-billion sale of Nuvei • The Initial Consenting Senior Secured Noteholders of Sherritt International Corporation, a nickel and cobalt producer and refiner, in connection with a note exchange and recapitalization by way of Court-approved plan of arrangement • Verillium Health in its acquisition of Wellwise by Shoppers from Shoppers Drug Mart • Employment Hero Holdings, as Canadian counsel, in its acquisition of Humi Holdings, valued at over C$100 million • SolGold PLC in entering into a US$750-million syndicated gold stream agreement with Franco-Nevada Corporation and Osisko Bermuda Limited. • A strategic investor in its US$25-million secured convertible debt financing of a technology company. • Leading Canadian property developer, in its US$130 million bank facility arranged by Bank of Nova Scotia used to finance its acquisition of minority interests in a significant, US based residential development business. • Ali Group S.r.l., in it's connection with approximately US$4.5-billion acquisition financing for its acquisition of Welbilt, Inc., comprising of term and revolving loan facilities. • Leading Canadian property developer, in its US$130-million bank facility arranged by Bank of Nova Scotia used to finance its acquisition of minority interests in a significant, U.S.-based residential development business. • Lineage Logistics, an international refrigerated warehousing and storage company owned by Bay Grove Capital, on its acquisition of VersaCold Logistics Services, a Canadian refrigerated warehousing company with fully integrated logistics capabilities, from Torquest Partners, The Investment Management Corporation of Ontario and OPTrust. • Cresco Labs Inc. in its US$2-billion acquisition of Columbia Care Inc., making Cresco the second-largest cannabis producer and retailer in the U.S. at the time of the transaction. |