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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.

Client Work

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.

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