Lilly A. Wong

Representative Work

• Acted for a syndicate of lenders in connection with the $147 million financing of the acquisition of a health care group doing business across Canada.
• Acted for borrowers in connection with numerous Infrastructure Ontario projects including the Sault Area Hospital, the Greater Toronto Area Youth Centre and Runnymede Healthcare Centre.
• Acted for borrowers and lenders in connection with various renewable (wind/solar) energy projects including in connection with the acquisition and financing of Florida Power and Light's first wind farm in Canada.
• Acted as counsel to bondholders in a $153 million secured bond private placement involving an income trust in the energy sector.
• Acted as counsel to bondholders in a $100 million secured bond private placement involving a limited partnership in the power generation sector.
• Acted for a syndicate of lenders lead by CIBC and BMO in connection with a $915 million syndicated bridge facility for the acquisition by Borealis Infrastructure Health of the MDS labs business and for a syndicate of lenders lead by DEPFA Bank plc in connection with the long term refinancing of such bridge facility.
• Acted for New World Gaming Partners Ltd. (a company owned by Macquarie and Crown on a 50/50 basis) in connection with the financing of its takeover bid of Gateway Casino Income Fund, certain subsidiaries of Gateway Casinos Inc. and Star of Fortune Gaming (B.C.) Corp. (enterprise value of approximately $1.37 billion).
• Acted for Deutsche Bank, Citibank, TD Bank and Royal Bank of Scotland, the lead underwriters and arrangers, in connection with the approximately $34 billion financing of Teachers' Private Capital, Madison Dearborn Partners, LLC and Providence Equity Partners, Inc. proposed purchase of BCE Inc.
• Acted as special counsel to Ontario Municipal Economic Infrastructure Financing Authority in connection with its initial offering of more than $320 million of provincial tax exempt Ontario Opportunity Bonds.
• Acted for a borrower in the forest products sector in connection with US$300 million Canadian and U.S. acquisition term credit facilities (by way of first and second lien term loans) and operating credit facilities.
• Acted for a borrower in the retail sector in connection with a £750 million Canadian and U.K. acquisition bridge facility and the refinancing thereof in Canada and the U.K.
• Acted as counsel to administrative agent and senior lenders in connection with syndicated term and operating facilities for Shoppers Drug Mart in the amount of C$850 million and US$486 million and in connection with subordinated notes in the amount of C$525 million and the subsequent U.S. and Canadian re-financings of such loans.
• Acted as counsel to four schedule 1 lenders in bilateral acquisition facilities aggregating $150 million and in bilateral standby credit facilities aggregating $350 million for a forest products corporation.
• Acted as counsel to bondholders in a $125 million private placement of secured bonds to a gaming and entertainment not for profit corporation.
• Acted as counsel to lenders in connection with senior secured term and operating credit facilities in Canada and the U.S. aggregating approximately $125 million to an income trust in the chemicals production and distribution business.
• Acted as counsel to a borrower in the healthcare industry in connection with the establishment of C$100 million of senor secured debt and approximately US$30 million of subordinated notes and warrants.
• Acted as counsel to a syndicate of senior lenders in connection with operating and term credit facilities in the approximate amount of $500 million to a borrower in the healthcare industry.
• Acted as counsel to syndicate of senior lenders in connection with operating and term credit facilities in the amount of C$105 million and US$121 million to a borrower in the automotive sector and in connection with subordinated notes in the amount of C$47 million.
• Acted as counsel to syndicate of lenders providing acquisition line in the amount of $250 million to borrower in the real estate (shopping centre) development and management business.
• Acted as counsel to syndicate of lenders providing acquisition loans in the aggregate amount of $315 million and $165 million to borrower in the real estate (shopping center) development and management business.
• Acted as special counsel to syndicate of lenders in connection with the refinancing by way of distress preferred shares of their approximately $470 million debt owing against the Scotia Plaza.