A partner in Gowling WLG’s Montréal office, Yannick Beaudoin has 25 years of experience helping clients deliver major infrastructure and energy projects across Canada. He leverages his experience to advise clients on project bankability, certainty of funding and operational flexibility while addressing lender requirements. He advises on project development, project finance and structured finance, including securitization programs for every significant asset class involving Québec assets. Yannick advises project proponents in the transportation, social infrastructure, energy (renewable and traditional) and health care sectors. He assists clients—private partners, sponsors, subcontractors or public-sector stakeholders—to secure billions of dollars of debt, using various structures and instruments. He has led private and public projects using all modes of project delivery and regularly acts on projects requiring financings involving third-party debt and equity capital. He offers equity and quasi-equity capital solutions, including convertible debt instruments, preferred and structured preferred stock, and warrants coupled with debt financing components. Recognized inthe IFLR1000 and the Lexpert’s Leading 500 Cross-Border Lawyers: A Guide to Doing Business in Canada.
Mercedes-Benz Financial Services Canada Corporation (“MBFSC”), an indirect wholly-owned subsidiary of Daimler AG, established a platform to securitize from time to time its Canadian motor vehicle conditional sale contracts and installment sale contracts (“Receivables”) by forming Silver Arrow Canada LP, a limited partnership (the “Issuer”), and its sole general partner, Silver Arrow Canada GP Inc.
On June 5, 2018, Transurban (ASX: TCL) acquired 100% of the equity interests in the A25 toll road asset and concession in Montréal, from Macquarie Infrastructure Partners. Transurban has assumed responsibility for the management and operations of the A25.
On June 14, 2018, Nouvelle Autoroute 30, s.e.n.c.(NA30) successfully closed the $1.2 billion bond refinancing for Montreal highway Autoroute 30 (A-30) concession project (the A-30 Project). The bonds included approximately $828 million in long-term bonds, due 2042, priced at roughly 4.11% and approximately $390 million in medium-term bonds, due 2033, carrying a coupon of approximately 3.75%.
On June 27, 2017, Leadon Investment Inc., as Borrowers’ Representative, and certain of its affiliates, as Borrowers, completed the financing of 22 hotel properties across Canada, for a total amount of approximately $716 million, comprised of a $649-million term credit and a $67-million renovation credit with Aareal Bank AG, as Administrative Agent thereto.
In the culmination of a complex cross-border bankruptcy sales and auction process, on February 28, 2017, Performance Sports Group Ltd. (PSG) announced the completion of the sale of substantially all of its assets to an investor group led by Sagard Holdings Inc. (Sagard) and Fairfax Financial Holdings Limited (Fairfax) for US$575 million, subject to certain adjustments, and the assumption of related operating liabilities.
On May 27, 2016, EDF EN Canada Inc. (EDF EN), a market leader in renewable energy and subsidiary of EDF Energies Nouvelles Group, completed the sale of a 50-per-cent interest in the 74-megawatt (MW) Mont-Rothery Wind Project located in the province of Québec (the Project) to MD1 Wind, LP (MD1), a limited partnership formed by a consortium (the Consortium) regrouping Régime de rentes du Mouvement Desjardins, Desjardins Financial Security Life Assurance Company, Certas Home and Auto Insurance Company and The Manufacturers Life Insurance Company.
On December 7, 2015, EDF EN Canada Inc. (EDF EN), a market leader in renewable energy and subsidiary of EDF Energies Nouvelles Group, completed the sale of a 42.5 per cent interest in the 350 megawatt (MW) Rivière-du-Moulin Wind Project located in the Province of Québec (the Project) to DIM Wind, Limited Partnership (DIM), a limited partnership formed by a consortium (the Consortium) regrouping Régime de rentes du Mouvement Desjardins, Desjardins Financial Security Life Assurance Company, Certas Home and Auto Insurance Company, Industrial Alliance Insurance and Financial Services Inc. and The Manufacturers Life Insurance Company.
Element Financial Corporation (TSX: EFN) completed its largest acquisition to date with the $570-million purchase of the assets comprising GE Canada's fleet leasing business. GE Canada's fleet vehicle portfolio consists of 650 regionally diversified customers and integrated fleet management services for vehicle and light and medium truck financings. As part of the acquisition, Element also entered into a strategic alliance agreement with GE Capital Fleet Services in the US pursuant to which the companies will collaborate primarily on the pursuit of Canadian/US cross-border fleet management opportunities.
