McCarthy Tétrault LLP, Banking & Finance

About

Provided by McCarthy Tétrault LLP

Our Financial Services Group has an unmatched depth of understanding of financial services transactions and products, which allows us to assist clients in the full range of sophisticated and innovative products and transactions.

With offices across Canada, we are able to field our client teams with all the necessary jurisdictional expertise required for successful outcomes, including regulatory and transactional expertise.

Market Leaders

We act for 81% of the total number of domestic and foreign banks operating in Canada and 90% of the foreign banks operating as Schedule III foreign bank branches in Canada.
Our team has more experience than any other Canadian law firm in raising capital for financial services companies, including banks and insurance companies. For example, we are regular counsel on six out of seven covered bond programs established by Canadian financial institutions. In both the covered bond offerings and the capital offerings, we acted on more deals for Canadian banks and life insurance companies in 2016 than any other Canadian law firm by a considerable margin.

New Entrants

We have advised in connection with the establishment of numerous new regulated entrants into Canadian financial services, including new banks, bank branches, trust companies and insurance companies.

Chambers Review

Provided by Chambers

Banking & Finance - Canada

Band 1

What the Team is Known For

McCarthy Tétrault plays a significant role in the Canadian banking and finance marketplace through its representation of lenders, including many of the country's largest financial institutions, as well as major foreign banks. The group has a strong presence in the structured finance and asset-based lending spaces, with further proficiency in areas such as refinancing, syndicated financing and acquisition finance. The firm also acts on the borrower side, offering significant experience of project finance as well as construction and bridge financing. The team additionally has a strong track record advising on banking regulatory and compliance matters in relation to M&A as well as regulatory investigations and fintech mandates. The firm's expansive sector expertise ranges from TMT and infrastructure to mining and energy. Notable for its impressive reach across Canada, the firm has offices in Québec, Ontario, Alberta and British Columbia, as well as in New York and London, UK.

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Work Highlights

McCarthy Tétrault acted for Constellation Software as borrower in connection with a CAD1 billion revolving credit facility under an amended and restated credit agreement provided by a syndicate of lenders.

Strengths

Provided by Chambers

McCarthy Tétrault is skilled in getting to the root of the challenge and is able to appropriate legal advice and guidance that aides in a business decision.