OUR PEOPLE

• Counsel to Rabobank Nederland, Canadian Branch, as administrative agent for a syndicate of financial institutions, in connection with the establishment of senior secured operating and term credit facilities in the amount of $80 million in favour of one of Canada’s largest aquaculture companies involved in the farming and processing of Atlantic salmon.
• Counsel to Royal Bank of Canada, as administrative agent for a syndicate of Canadian lenders, in connection with the establishment of a senior secured operating credit facility in the amount of $25 million in favour of a global aviation transportation and heavy-lift logistic services company. The syndicated credit facility closed in connection with the issuance by the company of 12.25% senior secured second lien notes in an aggregate principal amount of $110 million.
• Counsel to Bank of Montreal, as administrative agent for a syndicate of Canadian lenders, in connection with the establishment of senior secured operating and term credit facilities in the amount of $147 million in favour of CBI Health Group to assist with the acquisition by OMERS Private Equity of CBI Health Group, a leading provider of outpatient rehabilitation and community health care services in Canada. 
• Canadian counsel to Pamlico Capital (formerly Wachovia Capital Partners) in connection with the acquisition of ATX Networks from Trivest Partners, LP and the concurrent financing by GE Canada Finance Holding Company.  
• Counsel to Canadian Imperial Bank of Commerce in connection with the establishment of senior secured credit facilities in favour of a global company that develops, manufactures and distributes commercial satellite communications, components and systems.
• Counsel to Bank of Montreal, as administrative agent for a syndicate of Canadian lenders, in connection with the establishment of senior secured operating and term credit facilities in the amount of $30 million in favour of a company that develops and manufactures optical and electromagnetic technology for image-guided surgical, industrial test and measurement and research applications.
• Counsel to ICON Capital in connection with the establishment of a $20 million senior secured term credit facility in favour of a technology-focused seismic solutions company that provides advanced acquisition equipment, software, planning and seismic processing services, and seismic data libraries to the global oil & gas industry.
• Counsel to The Toronto-Dominion Bank, as administrative agent for a syndicate of Canadian and U.S. lenders, in connection with the third amended and restated credit agreement in respect of senior secured credit facilities in the amount of $150 million in favour of a tier 1 automotive supplier engaged in the production of metal parts, assemblies and modules and fluid management systems for the automotive and other industrial sectors.
• Counsel to Royal Bank of Canada, as administrative agent for a syndicate of Canadian lenders, in connection with $40 million senior secured credit facilities in favour of one of North America’s largest collector, processor and marketer of recyclable materials.
• Counsel to Canadian Imperial Bank of Commerce in connection with the establishment of $40 million senior secured credit facilities in favour of a public company in the business of leasing brand name home entertainment products, appliances and household furniture across Canada.
• Counsel to an international automotive and industrial supply company in connection with $26 million senior secured credit facilities used to partially finance the acquisition of a North American supplier of automotive components and automation tooling equipment.
• Counsel to The Toronto-Dominion Bank, as administrative agent for a syndicate of lenders, in connection with $125 million amended and restated senior secured credit facilities in favour of Glacier Ventures International Corp. used to partially finance the acquisition of substantially all of Hollinger International Inc.’s Canadian assets.
• Counsel to CIT Business Credit Canada Inc., in its capacity as administrative agent, in connection with $35 million asset-based credit facilities in favour of Lakeside Steel Corporation used to partially finance the purchase of certain assets owned by Stelpipe Ltd.
• Counsel to The Bank of Nova Scotia, in its capacity as administrative agent for a syndicate of Canadian lenders, in connection with $68 million senior secured credit facilities in favour of Spinrite Income Fund during the completion of its $202 million initial public offering of trust units.  

Thomas is a contributing editor to Canadian Forms & Precedents - Banking and Finance, published by LexisNexis Canada.