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Mark Rasile

Partner, Co-Head Financial Services

Canada and Foreign Credit Provider, Borrower and Sponsor Lawyer at Bennett Jones Toronto

T: 416.777.5088
Mark Rasile is co-head of the firm's financial services practice. Mark has broad experience advising on various types of financing transactions, routinely acting for a wide range of domestic and foreign credit providers, borrowers and sponsors on both domestic and cross-border syndicated loan facilities, acquisition and tender-offer financings, public and private bond offerings and other debt capital markets transactions, workouts and restructurings.

Select Experience

  • Counsel to Canso Investment Counsel Ltd., the largest first lien debtholder, in connection with the $600 million recapitalization of Postmedia Network Inc. ("PNI") pursuant to the Canada Business Corporations Act, including significant amendments to PNI's outstanding 8.25% senior secured notes (the "First Lien Notes") and the paydown of approximately $78 million of the First Lien Notes. Read more
  • Counsel to Stantec Inc. in connection with its $1.25 billion credit facilities to finance, in part, the successful acquisition of MWH Global, Inc. for approximately US$793 million.
  • Counsel to Penn West Petroleum Ltd. in connection with the substantial amendments and other modifications to Penn West's C$2.1 billion of outstanding senior secured notes and C$1.7 billion syndicated bank facility.

Recent Recognitions

  • 2017, Chambers Canada

    Mark Rasile, ranked, Banking & Finance

  • "is very responsive and commercial. He readily provides candid feedback and is very approachable."
  • 2017, Chambers Global

    Mark Rasile, ranked, Banking & Finance
  • 2016, The Legal 500 Canada

    Mark Rasile, recommended, Banking and Finance

News & Speaking Engagements