66 Wellington St W, Suite 5300, TD Bank Twr, Toronto, ON
Year called to bar: 1994 (ON)
Counsel to the firm's Toronto office. Extensive experience in all aspects of OTC derivative transactions, including the regulation and collateralization of such transactions, for all asset classes including credit, fixed income, interest rate, commodity, foreign exchange, and equity. She also has experience relating to the central clearing of OTC derivatives and repo transactions. Recent transactions include working extensively on behalf of the Canadian Market Infrastructure Committee in connection with the regulation of OTC derivatives in Canada, acting for Canadian banks in connection with covered-bond transactions, providing netting and insolvency opinions relating to OTC derivatives and repurchase transactions, and structuring mortgage repurchase and warehouse facilities. A frequent speaker at conferences on derivatives on behalf of the International Swaps and Derivatives Association and Osgoode Hall Law School Professional Development. Previously senior counsel with Royal Bank of Canada’s Capital Markets Transactions Services Group providing legal support in all aspects of derivative matters for nine years. Retired Chartered Accountant designation (1988). Admitted to the Ontario Bar in 1994.
Canadian Utilities Limited, an ATCO company, completed the sale of its entire Canadian fossil fuel-based electricity generation portfolio for, in aggregate, approximately $835 million.
On September 25, 2018, Inter Pipeline Ltd. (“Inter Pipeline”) completed its divestiture of the Heartland Petrochemical Complex’s Central Utility Block (“CUB”) to Fengate Capital Management (“Fengate”), a privately held infrastructure and real estate investment firm.
On June 14, 2018, Nouvelle Autoroute 30, s.e.n.c.(NA30) successfully closed the $1.2 billion bond refinancing for Montreal highway Autoroute 30 (A-30) concession project (the A-30 Project). The bonds included approximately $828 million in long-term bonds, due 2042, priced at roughly 4.11% and approximately $390 million in medium-term bonds, due 2033, carrying a coupon of approximately 3.75%.
Pursuant to a €5 Billion Global Covered Bond Programme, on October 22, 2014, La Caisse centrale Desjardins du Québec (CCDQ) completed an offering of an aggregate amount of €1,000,000,000 0.375 per cent covered bonds due October 22, 2019 (the Covered Bonds).
On June 29, 2009, Ford Credit Canada Limited (FCCL) completed a retail loan securitization transaction, receiving proceeds of $0.6 billion. In order to carry out the transaction, Ford Auto Securitization Trust, a newly established master trust sponsored by FCCL, purchased a pool of retail conditional sale contracts from FCCL.
On June 24, 2009, Canadian Road Leasing Company (CRLC), a wholly owned subsidiary of Ford Credit Canada Limited (FCCL), completed a lease securitization transaction, receiving proceeds of US$1.3 billion.
On April 15, 2009, Canadian Road Leasing Company (CRLC), a wholly owned subsidiary of Ford Credit Canada Limited (FCCL), completed a lease securitization transaction, receiving proceeds of $600 million.
On September 25, 2008, Ford Credit Canada Limited (FCCL) completed two retail loan securitization transactions, receiving immediately available proceeds of approximately $0.9 billion.