199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 1992 (ON)
Jennifer Legge is a partner in the Banking & Finance, Mergers & Acquisitions and Restructuring & Insolvency Groups, as well as a member of the Management Committee in the Toronto office, and she advises her clients on a diverse range of corporate/business law matters. Jennifer has extensive expertise in structuring, negotiating, documenting and administering a wide variety of financing arrangements, including senior, mezzanine and subordinated secured syndicated financings, multi-currency and asset-based loan facilities, bilateral credit facilities, acquisitions and leveraged buyout financings, project and P3 financings, unitranche loans, term loans, amendments and extensions, inter-creditor arrangements and dividend recaps. Jennifer also has substantial experience in structuring, negotiating and documenting merger & acquisition transactions in a range of industries, acting for strategic buyers of business, acting for entrepreneurs in dispositions of family-owned business and acting for private equity investors in acquisitions. Jennifer also regularly advises on transactions involving distressed debtors, including advising on workouts, restructurings, DIP financing, receiverships, distressed sales, realizations and insolvency proceedings and arrangements.
On March 1, 2018, GFL Environmental Inc. (GFL), by its wholly owned subsidiary GFL Environmental Inc. 2018, completed the acquisition of Smithrite Disposal (Smirthrite) and Carney’s Waste Systems (Carney’s).
On December 6, 2017, Hudson’s Bay Company (HBC) completed the US$500 million equity investment by Rhône Capital (Rhône) in the form of 8-year mandatory convertible preferred shares, the sale of the Lord & Taylor Fifth Avenue Flagship Building to WeWork in a transaction valued at US$850 million, and a series of strategic transactions, including agreements to lease retail space within select HBC department stores.
On February 5, 2016, Hudson’s Bay Company (HBC) closed a new global asset based loan facility with availability of up to US$1.9 billion provided by a syndicate of lenders led by Bank of America, N.A., as ABL Agent.
On January 16, 2016, GFL Environmental Inc. (GFL), by its wholly owned subsidiary GFL Excavating Corp., completed the acquisition of the Anchor Shoring Group (Anchor). The Anchor Group includes Anchor Shoring & Caissons Ltd., Banner Piling & Excavating Limited and Crown Drilling Limited.
On February 1, 2016, GFL Environmental Inc. (GFL) completed the acquisition of the Matrec solid waste division from TransForce Inc. (TSX: TFI, OTCQX: TFIFF) for $800 million. The acquisition was funded in part by the private offering of US$300 million in aggregate principal amount of senior unsecured notes due 2021 (the Note Offering) through a syndicate of broker dealers led by Credit Suisse, BMO Capital Markets and Barclays and including Scotiabank, CIBC Capital Markets, Comerica Securities, National Bank of Canada Financial Markets and Raymond James (the Dealers).
On September 30, 2015, Hudson’s Bay Company successfully completed the previously announced acquisition of GALERIA Holding, the parent company of Germany’s leading department store GALERIA Kaufhof and Belgium’s only department store, Galeria INNO, for an enterprise value of $3.8 billion.