Thomas L. Subic Partner


Speaks:  English

Year of Call: 2001 - Ontario

Primary phone: +1 416-862-4489

Fax: +1 416-862-7661

Email: thomas.subic@gowlingwlg.com

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Primary office:  Toronto



Thomas L. Subic

Thomas L. Subic is a partner in Gowling WLG's Toronto office and a member of the Financial Institutions & Services Group. His practice focuses on debt financing transactions with an emphasis on domestic and cross-border bilateral and syndicated loans, leveraged acquisition financings, project finance, asset-based lending, mezzanine and subordinated debt financing arrangements and debt restructuring transactions.

Thomas regularly acts for domestic and international banks, asset-based lenders, private debt funds and corporate borrowers in connection with the structuring, negotiation and documentation of complex corporate and commercial loans and debt instruments. Thomas also acts for secured creditors and receivers on restructuring and insolvency matters.

Thomas advises lenders and borrowers across a wide range of industries and sectors, including manufacturing, automotive, agriculture, food services, pharmaceutical, aviation, telecommunications, shipping and logistics, health care, mining, and retail.

Career & Recognition

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Memberships

  • Canadian Bar Association
  • Ontario Bar Association
  • The Law Society of Ontario

Insights & Resources

Thomas is a contributing editor to Canadian Forms & Precedents - Banking and Finance, published by LexisNexis Canada.

Representative Work

  • Counsel to The Bank of Nova Scotia in connection with $750,000,000 senior credit facilities in favour of one of Canada's largest automotive dealer groups and acquisition financing of various corporate-owned Mercedes-Benz Canada Inc. automotive dealerships in the Greater Toronto Area.
  • Counsel to Canadian Imperial Bank of Commerce, as administrative agent for a syndicate of lenders, in connection with a $320,000,000 asset-based revolving credit facility in favour of a steel supplier and services company with operations in Canada and the United States.
  • Counsel to The Bank of Nova Scotia, as administrative agent for a syndicate of lenders, in connection with $120,000,000 senior revolving and term credit facilities in favour of a North American manufacturer and supplier of coffee, tea and cold beverages.
  • Counsel to Canadian Imperial Bank of Commerce in connection with a $50,000,000 asset-based revolving credit facility in favour of a Canadian food importing and distribution company.
  • Canadian counsel to a global animal nutrition company in connection with US$2 billion senior multi-currency revolving and term credit facilities established by Bank of America, N.A., as administrative agent for a syndicate of lenders.
  • Counsel to The Toronto-Dominion Bank, as administrative agent for a syndicate of lenders, in connection with $1 billion revolving and term credit facilities in favour of a Canadian auto parts manufacturer with operations globally.
  • Counsel to The Toronto-Dominion Bank, as administrative agent for a syndicate of lenders, in connection with a $80,000,000 construction loan facility for a retirement residence facility in Ontario.
  • Counsel to Rabobank Canada, as administrative agent for a syndicate of lenders, in connection with $55,000,000 senior revolving and term credit facilities in favour of a North American producer of wild blueberries and frozen vegetables.
  • Counsel to The Bank of Nova Scotia, as administrative agent for a syndicate of lenders, in connection with $145,000,000 senior credit facilities in favour of Automotive Properties Limited Partnership and acquisition financing by Automotive Properties Real Estate Investment Trust of a portfolio of income-producing automotive dealership properties located in Canada from Dilawri Automotive Group.
  • Counsel to Farm Credit Canada, as administrative agent for a syndicate of lenders, in connection with a $41,000,000 project finance credit facility in favour of an Ontario based renewable energy co-operative comprised of Ontario farmers and rural landowners to finance the development, construction and operation of solar projects in Ontario.
  • Counsel to Bank of Montreal, as administrative agent for a syndicate of lenders, in connection with $147,000,000 senior revolving and term credit facilities in favour of CBI Health Group and acquisition financing by OMERS Private Equity.