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Karly Descoteaux

Associate

Associate | Email

T: 416.777.7902

Email

Toronto

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Karly Descoteaux
 
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T: 416.777.7902


Email

Toronto

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  • Education
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Karly Descoteaux acts for borrowers and lenders on a wide range of financing transactions, including asset-based loans, acquisition financings, construction financings, project financings, cross-border loans and mortgage lending.

Prior to joining Bennett Jones, Karly worked at another national firm.

Education

Wilfrid Laurier University, BA (Hons., Political Science and Legal Studies), 2015, with distinction University of Ottawa, JD, 2018

Bar Admissions

Ontario, 2019

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The lead arrangers and the lending syndicate of a US$2.55-billion term facility and US$600-million revolving credit facility to support the US$6.3-billion sale of Nuvei
The Initial Consenting Senior Secured Noteholders of Sherritt International Corporation, a nickel and cobalt producer and refiner, in connection with a note exchange and recapitalization by way of Court-approved plan of arrangement
Verillium Health in its acquisition of Wellwise by Shoppers from Shoppers Drug Mart
Employment Hero Holdings, as Canadian counsel, in its acquisition of Humi Holdings, valued at over C$100 million
SolGold PLC in entering into a US$750-million syndicated gold stream agreement with Franco-Nevada Corporation and Osisko Bermuda Limited
A strategic investor in its US$25-million secured convertible debt financing of a technology company
Leading Canadian property developer, in its US$130 million bank facility arranged by Bank of Nova Scotia used to finance its acquisition of minority interests in a significant, US based residential development business
Ali Group S.r.l., in it's connection with approximately US$4.5-billion acquisition financing for its acquisition of Welbilt, Inc., comprising of term and revolving loan facilities

Leading Canadian property developer, in its US$130-million bank facility arranged by Bank of Nova Scotia used to finance its acquisition of minority interests in a significant, U.S.-based residential development business.

Lineage Logistics, an international refrigerated warehousing and storage company owned by Bay Grove Capital, on its acquisition of VersaCold Logistics Services, a Canadian refrigerated warehousing company with fully integrated logistics capabilities, from Torquest Partners, The Investment Management Corporation of Ontario and OPTrust
Cresco Labs Inc. in its US$2-billion acquisition of Columbia Care Inc., making Cresco the second-largest cannabis producer and retailer in the U.S. at the time of the transaction

Insights, News & Events

Blog

New Legislation Will Require Money Services Businesses in British Columbia to Register

June 19, 2023
       

Blog

Attention Mortgage Lenders: The Proceeds Of Crime (Money Laundering) And Terrorist Financing Act May Be Expanding

March 13, 2023
       

Blog

Anti-Money Laundering Rules Expanded to Include Payment Service Providers and Crowdfunding Platforms

June 21, 2022
       

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