Spin Master Completes $280m Syndicated Financing

On February 26, 2015, Spin Master Ltd. and its subsidiaries in France, Hong Kong, Luxembourg, Mexico, United Kingdom, and the United States completed a $280 million syndicated financing from a syndicate of lenders led by HSBC Bank Canada, paving the way for strategic growth through investment, expansion and future acquisitions. Spin Master is Canada’s largest children’s entertainment and toy company and has been designing, developing, manufacturing and marketing consumer products for children globally since 1994 and is recognized as a global growth leader within the toy industry.

Spin Master was represented by its external counsel Torkin Manes LLP with a team comprised of Jeffrey Cohen, Fay Sulley and Chaim Sapirman. 

Dentons Canada LLP represented the lenders with a team led by Chuck Rich and which included Cynthia Hickey and Kiran Bains.