Project Finance

Key Contacts

Backman Philip High Resolution Image Philip D. Backman Q.C.
Partner
T: 403.298.3366
Email
Barker Bruce High Resolution Image Bruce C. Barker
Partner
T: 416.777.4818
Email
Blundy Paul High Resolution Image Paul D. Blundy
Partner, Head of Public Infrastructure Projects
T: 416.777.4854
Email

Innovative, creative and commercially-sound solutions must complement traditional financing structures and methods in order to finance a major project. Our team understands the allocation of risk in major projects and we regularly structure financing models to obtain funds and security required, particularly in the context of agreements based on cash flow rather than assets. Our clients have included consortium borrowers as well as leading domestic and international financial institutions, pension funds, private equity funds and other pools of capital active in project finance.

Our experience includes:

  • Complex bank/bond financings and management of associated intercreditor issues
  • Investment and loan agreements, monetizations, securitizations, hedging restructurings and co-financings from multiple credit institutions, including government sources
  • Capital swap programs, revolving credit facilities and syndicated credit facilities
  • Securities advice with respect to public and private debt financing, including preparation of offering documents

Structuring transactions to respond to rating agency inquiries or to achieve targeted ratings

Select Experience

  • The Government of Bermuda, as Chief Legal Advisor, in connection with the redevelopment and 30 year operation of Bermuda's L.F. Wade International Airport. Read more
  • ME Global BV on its $450 million senior debt financing with a syndicate led by Mizuho.
  • The Government of Nunavut in connection with the procurement of new facilities at the Iqaluit International Airport under a public-private partnership model. The project will include a new terminal, combined services building and facility rehabilitation with a thirty year operating concession.

Recent Recognitions

  • 2017, The Canadian Legal Lexpert Directory

    Bennett Jones, repeatedly recommended, Project Finance, Toronto
  • 2017, The Canadian Legal Lexpert Directory

    Bennett Jones, consistently recommended, Project Finance, Calgary
  • 2016, IFLR 1000 Finance and Corporate

    Bennett Jones, ranked, Banking Project Finance

News & Speaking Engagements