199 Bay St, Suite 4000, Commerce Court West, Toronto, ON
Year called to bar: 2002 (ON); 2005 (NS)
Aimee's practice focuses primarily on domestic and cross-border financing and restructuring transactions. Aimee has advised lenders, borrowers, underwriters and issuers on asset-based financings, acquisition financings, equipment financings, inventory financings, warehouse financings, project financings, high yield offerings, debtor-in-possession financings and exit financings. Aimee has been involved in a number of financing and restructuring transactions and high-yield offerings in a variety of industry sectors, including forestry, telecommunications, transportation, manufacturing, aviation, construction and power and energy. A selection of Aimee's representative transactions includes acting for: the administrative agent for the DIP lenders in the Eastman Kodak Company restructuring proceedings; the administrative agent for the lenders in the exit credit facilities to Resolute Forest Products Inc. (formerly, Abitibibowater Inc.) and certain of its subsidiaries; and Canadian Imperial Bank of Commerce (CIBC), as agent, on its $400-million revolving credit facility to Manitoba Telecom Services Inc.
On May 31, 2018, an affiliate of Fairfax Financial Holdings Ltd. (Fairfax) acquired all of the share capital and business of Toys “R” Us (Canada) Ltd. Toys “R” Us (Canada) Ltee (Toys Canada) for a purchase price of $300 million subject to certain working capital adjustments. The share transaction, which was completed in connection with Toys Canada’s emergence from restructuring proceedings under the Companies’ Creditors Arrangement Act (the CCAA) and Chapter 11 of the U.S. Bankruptcy Code, has enabled Toys Canada to continue as a going concern without compromising creditor claims and preserved Toys Canada’s position as Canada’s leading toy and baby retailer.
On October 27, 2017, Toromont Industries Ltd. (Toromont) completed the largest acquisition in its history — a $1.07-billion purchase of the businesses and net operating assets of the Hewitt Group of companies (Hewitt) in exchange for cash and shares of Toromont. This was a transformative transaction for Toromont, significantly expanding its Caterpillar dealership network and market opportunities.
On December 14, 2016, Tervita Corporation (“Tervita”), a leading environmental solutions provider, implemented its court-approved plan of arrangement under the Canada Business Corporations Act (the “Plan”).
On February 1, 2016, GFL Environmental Inc. (GFL) completed the acquisition of the Matrec solid waste division from TransForce Inc. (TSX: TFI, OTCQX: TFIFF) for $800 million. The acquisition was funded in part by the private offering of US$300 million in aggregate principal amount of senior unsecured notes due 2021 (the Note Offering) through a syndicate of broker dealers led by Credit Suisse, BMO Capital Markets and Barclays and including Scotiabank, CIBC Capital Markets, Comerica Securities, National Bank of Canada Financial Markets and Raymond James (the Dealers).
On April 21, 2015, Concordia Healthcare Corp. (Concordia), a diverse healthcare company focused on legacy pharmaceutical products and orphan drugs, acquired 18 products from Covis Pharma S.à.r.l and Covis Injectables, S.à.r.l (collectively, Covis). The purchase price of US$1.2 billion was paid in cash at closing.
Arclin USA LLC and its US and Canadian affiliates (collectively, Arclin) entered into an amendment and restatement agreement to amend and restate an existing credit agreement to, among other things, increase the maximum facility amount and extend the maturity date.
Patheon Inc. completed a court-approved statutory plan of arrangement under the Canada Business Corporations Act under which Patheon was acquired for US$9.32 per share in cash resulting in a total enterprise value for Patheon of approximately US$1.98 billion.
