On September 2, 2016, Cara Operations Limited (“Cara”), Canada’s oldest and largest full-service restaurant company, completed $550,000,00 of senior secured credit facilities with a syndicate of lenders in which The Bank of Nova Scotia acted as the lead arranger and bookrunner and the administrative agent. The senior secured credit facilities financed Cara’s acquisition of Groupe St-Hubert Inc., Québec’s leading full-service restaurant operator as well as fully integrated food manufacturer.
The Bank of Nova Scotia was represented by Borden Ladner Gervais LLP with a team that included Gus Karantzoulis, Christian Lazarre, Aliza Premji, Raphael Roditi, Cristina Arantes and Nathalie Olivier.
