Arnold Cohen is a senior partner, co-chairman of the Norton Rose Fulbright asset-based lending team in Canada, and chairman of the Montreal debt finance practice group. His practice includes financing and insolvency/restructuring. His financing practice focuses on asset-based lending, in which he represents leading US and Canadian asset-based and other lenders in a wide range of domestic, multi-jurisdictional, and cross-border financings, including corporate and commercial financings, capital market transactions, and acquisition and leveraged buy-out financings, on both a syndicated and a non-syndicated basis. Cohen also regularly represents lenders, bank syndicates, and corporate borrowers in cash flow, structured, second lien, mezzanine, and high-yield type financings as well as the financing of real estate, receivables, and equipment. Cohen’s restructuring practice involves representing secured lenders, trustees, receivers, and corporate clients in all aspects of the insolvency and restructuring process, including reorganizations, acquisitions, turnarounds, and enforcement of security and other creditors’ rights, and he has appeared before various courts in these matters.
On August 15, 2018, WillScot Corp. (or Williams Scotsman) completed the acquisition Modular Space Holdings, Inc. for approximately US$1.2 billion. The Canadian Competition Bureau issued a No Action Letter on July 16, 2018.
On December 20, 2017, Bank of America, N.A. entered into a senior secured revolving credit facility (the Credit Facility) in the amount of US$1,600,000,000 in favour of Mattel, Inc. (the Company) and certain of its subsidiaries.
On February 5, 2016, Hudson’s Bay Company (HBC) closed a new global asset based loan facility with availability of up to US$1.9 billion provided by a syndicate of lenders led by Bank of America, N.A., as ABL Agent.
On February 27, 2015, Orthotic Holdings, Inc. and certain of its subsidiaries and affiliates, entered into senior secured revolving and term credit facilities in the principal amount of US$91 million.
BCBG Max Azria and certain of its US and Canadian subsidiaries and affiliates, entered into a second amended and restated senior secured asset-based revolving credit facility in the principal amount of US$153 million.
TOMS Shoes, LLC, as borrower; its parent company, TOMS Shoes Holdings II, LLC; and certain of their US, Canadian, and Dutch affiliates, as guarantors (collectively, TOMS Shoes) entered into refinancing arrangements which included an amendment and restatement of their existing financing agreement, comprising an aggregate of US$60,000,000 revolving, letter-of-credit, and swingline facilities. Bank of America, N.A. acted as Administrative Agent, Collateral Agent, Letter-of-Credit Issuer and Swingline Lender for a lending syndicate that includes Jeffries Finance LLC.
