Yonatan Petel is a partner in the financial services and business law groups at McMillan. His financial services practice focuses on all types of commercial, corporate, and structured finance transactions. He advises lenders and borrowers in structuring, negotiation, and completion of a broad range of complex domestic and cross-border syndicated and bilateral financing transactions, with a particular emphasis on factoring and mid-market syndicated asset-based lending deals, as well as acquisition, real estate, and project finance. He is a leader in the area of factoring, advising clients in structuring all manner of traditional and more innovative receivables-based solutions in the context of debtor-in-possession facilities, leveraged management buyouts, acquisition finance, and syndicated and franchised factoring arrangements. His significant experience in infrastructure and public-private partnership engagements includes all aspects of design, build, finance, and maintain projects. His business law practice consists of representing purchasers, vendors, and investors in connection with mergers and acquisitions, private equity, and real estate development transactions. He also serves as the firm’s pro bono partner in Montréal and on the board of several nonprofits.
On September 28, 2017, a new infrastructure investment fund formed by SNC-Lavalin Inc., SNC-Lavalin Infrastructure Partners LP (the Fund), completed its initial closing involving the sale and issuance to a subsidiary of BBGI SICAV S.A. of 80 per cent of the Fund’s limited partnership units, while SNC-Lavalin retained the remaining 20 per cent of the limited partnership units and will also act as the general partner and manager of the Fund. The aggregate proceeds for all transactions, including the initial closing, amount to approximately $189 million.
SEMAFO Inc. announced that it had completed a bought deal private placement of 15,640,000 common shares at a price of $3.70 per share for aggregate gross proceeds of $57.9 million and a senior secured credit facility with Macquarie Bank Limited.
