sourcing of capital through asset securitization has grown exponentially in the
last decade. Using creativity and intricate structures to create new asset
classes and terms, lawyers and financial advisors are successfully implementing
asset-backed lending to help companies survive and sponsors thrive.
Bennett Jones has been involved in asset-backed lending for well over a
decade. Our specialized work with issuers, underwriters, investors, liquidity
providers, credit enhancers, rating agencies and trustees includes developing
asset classes, assisting with rating the respective products, and negotiating
terms on collateral such as inventory, receivables, investment securities,
intellectual property, equipment, title documents and real estate. We have
acted on finance and leasing transactions involving aircraft, railcars, trucks,
buses, mining equipment and heavy construction equipment and operating lease
portfolio securitizations, commercial paper conduits, enhanced corporate
credits, synthetic leases, and the packaging and repackaging of asset-backed
debt. We leverage our understanding of the financial services market to provide
strategic insight to this nuanced, highly complex area of lending.
particular note is our aircraft finance and leasing experience, which includes
cross-border arrangements and some of the most complex arrangements in the
aviation industry for Canada's major airlines.
- ME Global BV on its $450 million senior debt financing with a syndicate led by Mizuho.
- Acted as counsel to Superior Coring Systems Inc.'s purchase of Technicoil Corporation's Hybrid Drilling Rigs, and its financing of same.
- Jazz Aviation LP in connection with the financing of 15 Q400 Aircraft with Export Development Corporation.
2015, The Canadian Legal Lexpert DirectoryBennett Jones, consistently recommended, Asset Equipment Finance/Leasing, Toronto
2015, The Canadian Legal Lexpert DirectoryBennett Jones, most frequently recommended, Asset Equipment Finance/Leasing
2014, The Canadian Legal Lexpert DirectoryBennett Jones, consistently recommended, Asset Equipment Finance/Leasing: Toronto