Department profile
Torys LLP

Capital Markets: Debt & Equity

Global Guide 2026 : Canada


Torys LLP

Rankings

About

Provided by Torys LLP

Torys' Capital Markets Practice is recognized as a leader in its field in Canada and worldwide. We have deep expertise across the range of capital markets transactions, including initial public offerings; follow-on offerings; high-yield and other debt offerings; subscription receipts; and preferred shares and private placements, including private investment in public equities (PIPES). We also assist with corporate governance, from disclosure and compliance to issues such as executive compensation and cybersecurity prevention and response. Our lawyers have strong relationships with securities regulators and stock exchanges in both Canada and the U.S.

Our clients include many significant public and private companies, all of the major investment banks in Canada, the U.S. and internationally; major Canadian, U.S. and foreign investors; several of the most significant investment funds; and government agencies. We serve clients on matters across all sectors, including mining and metals, oil and gas, power, infrastructure, pharma, life sciences and media.

We offer high-quality coordinated cross-border services in Canada and the U.S. Through our New York office, we act on U.S.-Canada and international transactions, including Rule 144A private placements and Regulation S and Regulation D offerings. Our multi-jurisdictional capabilities extend to our Calgary office, which enables us to give clients superior insight into Canada's oil and gas markets, among other sectors.

Chambers Review

Provided by Chambers

Capital Markets: Debt & Equity - Canada


What the Team is Known For

Torys' capital markets team is recognised as one of the pre-eminent advisers on Canadian securities offerings, with a client list that includes public and private companies as well as investment banks. The team assists both issuers and underwriters across a range of sectors, including financial services, energy and technology, and is highly active on the equity side. The practice also possesses considerable debt capital markets expertise, covering debentures, note programmes and high-yield debt. Other areas of success include private placements and PIPEs. The firm's clients benefit from the support of its New York office to advise on cross-border transactions.

Work Highlights

Provided by Chambers

  • Torys worked with British Columbia Investment Management Corporation to structure its public markets bond platform and on the launch of BCI's inaugural bond offering.

Strengths

Provided by Chambers

  • Torys have a broad bench of lawyers with specific sector and situational experience.

    Capital Markets: Debt & Equity respondentGlobal
  • They have a creative approach to address different issues.

    Capital Markets: Debt & Equity respondentGlobal
  • Torys has good commercial awareness. They know us, are always available, creative and knowledgeable as well.

    Capital Markets: Debt & Equity respondentGlobal
  • Torys are a really strong firm with cross-border capabilities. We do lean on them sometimes to provide both Canadian and US expertise and it is nice to go to one place who can provide both expertise.

    Capital Markets: Debt & Equity respondentGlobal
  • They provide us with high quality service levels and quick response.

    Capital Markets: Debt & Equity respondentGlobal

Notable Practitioners

Provided by Chambers

  • Band 2David Seville
    Band 2David Seville

    David Seville

    David Seville is based in Toronto and is the co-head of Torys' capital markets group. He assists underwriters with high-value bond offerings with a focus on debt issued by financial institutions.

    • David is excellent.

      Capital Markets: Debt & Equity respondentGlobal
    • David is very technical and knows his stuff.

      Capital Markets: Debt & Equity respondentGlobal
  • Band 2Glen R Johnson
    Band 2Glen R Johnson

    Glen R Johnson

    Glen Johnson has an exceptionally strong debt and equity practice acting on major cross-border securities offerings. He operates from Toronto.
    • Glen has been a guiding light for us.

      Capital Markets: Debt & Equity respondentGlobal
    • Glen is very knowledgeable about the technicalities of the law and practical in how we apply them. He understands our business and gives advice that is not only helpful, but realistic and actionable.

      Capital Markets: Debt & Equity respondentGlobal
  • Band 3Jim S Hong
    Band 3Jim S Hong

    Jim S Hong

    Jim Hong is a well-established lawyer in the securitisation space, working out of Torys' Toronto office. He has extensive experience in capital markets transactions, with a particular emphasis on securities, derivatives and asset-backed financing.
    • Jim is a strong analytical lawyer and always tries to make things easy for all parties on a transaction.

      Capital Markets: Debt & Equity respondentGlobal
    • Jim has a great understanding of the business and provides great advice. He is very knowledgeable and great to work with.

      Capital Markets: Debt & Equity respondentGlobal
    • Jim's knowledge and expertise are well regarded in the industry and he has become a valuable resource for my firm.

      Capital Markets: Debt & Equity respondentGlobal
  • Band 3Karrin Powys-Lybbe
    Band 3Karrin Powys-Lybbe

    Karrin Powys-Lybbe

    Karrin Powys-Lybbe is based in Torys' Toronto office and is well equipped to advise issuers on bond offerings and equity financings.

    • Karrin is a really a stand-out lawyer.

      Capital Markets: Debt & Equity respondentGlobal
  • Band 3Rima Ramchandani
    Band 3Rima Ramchandani

    Rima Ramchandani

    Rima Ramchandani has established an impressive debt and equity practice, acting in a variety of public offerings from Toronto.
    • Rima is great to work with.

      Capital Markets: Debt & Equity respondentGlobal
  • Band 3Scott Cochlan
    Band 3Scott Cochlan

    Scott Cochlan

    Scott Cochlan is a notable lawyer in the capital markets space, based out of the firm's Calgary office. He is well regarded for his work representing issuers and underwriters in a range of debt financing transactions.
    • Scott is a strong, capable lawyer.

      Capital Markets: Debt & Equity respondentGlobal

Ranked Individuals at Torys LLP (6)

Canada

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