LEXPERT MAGAZINE
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MARCH 2016 21
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CORPORATE TRANSACTIONS OF IMPORTANCE
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BPC Generation in the sale of its part-
nership interest to TransCanada and the
renegotiation of the governance arrange-
ments related to Bruce Power. e BPC
Generation team comprised Kath Ham-
mond, Vice President Legal at Borealis
Infrastructure, and McCarthy Tétrault
LLP's David Lever, Matthew Cumming,
Chris Langdon and Jake Irwin.
TransCanada was represented by David
Kohlenberg, Vice President Law, Energy
and Liquids, Victoria Marselle, Associate
General Counsel, Craig Newman, Senior
Legal Counsel, and Sean Vanderpol, Mi-
chael Decicco and Rolake Adeniran (cor-
porate) and Doug Richardson and Dean
Kraus (tax) of Stikeman Elliott LLP.
e reorganization of Bruce Power was
undertaken by a McCarthy Tétrault LLP
team comprising SuzAnne Murphy, Jake
Irwin, David Badour, Omar Soliman, Na
Fan and Zach Masoud. Acting for Bruce
Power on the renegotiation of arrange-
ments with OPG was Len Arnold, As-
sistant General Counsel, and McCarthy
Tétrault LLP's David Lever, Gord Sato,
Chris Langdon and Jake Irwin. Repre-
senting OPG was John Kalm, Senior
Counsel and Torys LLP's Krista Hill and
Don Roger.
Acting for Bruce Power on the restruc-
turing of its bank facilities was Bill Sch-
nurr, Assistant General Counsel, and Mc-
Carthy Tétrault LLP's Barry Ryan and
Chris Perez.
e banks were represented by Jonathan
Weisz, Nina Mansoori, Dan Doubilet and
Sam Levitt of Torys LLP.
Power Workers' Union was represented
by its General Counsel Chris Dassios and
by Blake, Cassels & Graydon LLP's Gra-
ham Smith (corporate) as well as Bryan
Bailey (tax).
e Society of Energy Professionals was
represented by John Ball and Sarah Mac-
Donald of Keyser Mason Ball, LLP. e
Bruce Power Employee Trust was repre-
sented Len Arnold of Bruce Power and by
Myron Dzulynsky of Gowling WLG.
CCL INDUSTRIES INC.
INCREASES ITS EXISTING
CREDIT FACILITY TO US$1.2B
CLOSING DATE: DECEMBER 18, 2015
On December 18, 2015, CCL Industries
Inc. (CCL), a world leader in specialty label
and packaging solutions, entered into an
amended and restated syndicated Credit
Agreement with Bank of Montreal again
acting as agent, pursuant to which it in-
creased its existing revolving credit facility to
US$1.2 billion. e new credit facilities were
extended to 2020 and include an accordion
feature pursuant to which CCL can increase
the amount of the facilities by up to US$300
million. CCL is the largest label company
in the world. It operates 114 manufacturing
facilities in 30 countries on 6 continents and
has corporate offices in Toronto, Ontario
and Framingham, Massachusetts.
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