David Lemieux
Senior Partner
Norton Rose Fulbright Canada LLP
Biography
David Lemieux practises corporate financing and restructuring.
He regularly represents lending syndicates, borrowers and investors in the areas of project financing, public and private takeover bids, asset acquisitions, monetization, securitization, structured finance and debt restructuring, whether the financing is Canadian, cross-border or foreign. In this capacity, he organizes and leads teams of lawyers to close these transactions.
He is involved in negotiating, preparing and finalizing all aspects of these transactions, including corporate structuring, credit documentation, agreements between creditors, security documents and the restructuring of debt.
Professional experience
Collapse allLL.B., University of Ottawa, 1993
LL.M., University of Cambridge, 1992
LL.L., University of Ottawa, 1991
- Quebec 1993
David has acted for the following clients:
- Syndicate of lenders to Kruger Products SB for the CAD$350 million new tissue plant to be constructed in Sherbrooke, Québec
- Syndicate of senior lenders in the project financing of McInnis Cement Inc., a project valued at CAD$1.1 billion
- Syndicate of lenders in the financing of Alimentation Couche-Tard Inc. for the acquisition of certain assets from TotalEnergies, a transaction valued at € 3.1 billion
- SNC-Lavalin Group Inc. in its CAD$2.5 billion sustainability-linked credit facility
- National Bank of Canada, as underwriter, in the debt and equity financings connected to Savaria Corporation's acquisition of Handicare Group AB, a public company listed on the Swedish stock exchange, an all-cash offering for total proceeds of CAD$452 million
- National Bank of Canada, as agent, in the financing of Power Sustainable Capital Inc.'s CAD$1 billion Power Sustainable Energy Infrastructure Partnership, an investment platform dedicated to developing North America's renewable energy sector
- Transat A.T. Inc. in securing up to CAD$700 million in funding from the Canadian government through the Large Employer Emergency Financing Facility (LEEFF). In conjunction with LEEFF financing, Transat also renegotiated its existing CAD$120 million financings comprised of a senior secured revolving facility and a subordinated credit facility
- Bank of Montreal and other senior lenders in the CAD$800 million financing of Energir L.P.
- Syndicate of Lenders in Groupe Selection's debt restructuring under the Companies' Creditors Arrangement Act
- First Lien Lender in a unitranche financing in excess of US$500 million
- Best Lawyers in Canada: Banking and Finance Law, 2018-2025; Structured Finance Law, 2024-2025; Aviation Law, Project Finance Law, 2025
- Chambers Canada, Nationwide: Banking and Finance, Chambers and Partners, 2020-2025
- Chambers Global, Canada: Banking & Finance, Chambers and Partners, 2023-2024
- Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada: Banking & Financial Institutions, 2020-2024
- Canadian Legal Lexpert Directory, 2017-2024: recommended in Banking & Financial Institutions; Project Finance
- International Financial Law Review 1000, Canada: Financial restructuring; Restructuring and insolvency, 2019-2023
- Best Lawyers in Canada: Banking and Finance "Lawyer of the year," 2020
- Who's Who Legal: Canada - Banking 2014-2020
- “Funding renewable energy projects: specific challenges and tax aspects,” Conférence avancée sur l’accès au financement des entreprises, Montreal, September 21, 2011.
- “Sponsor Panel - Risk and Reward: How do Quebec projects compare with other PPP investments?” Quebec PPP & Infrastructure Finance Forum, Montreal, April 18, 2008.
- “Négociation des ententes de financement, de prêt et de crédit,” Montreal, May 22, 2007.
- Canadian Bar Association
- Bar of Montreal
News
Chambers Canada names Norton Rose Fulbright the Litigation Law Firm of the Year
September 26, 2024
Recognized leaders in Finance and M&A in Lexpert’s Special Edition 2024
April 17, 2024
12 Canadian lawyers recognized in the 2024 Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada
January 09, 2024
Client work
National Bank Financial Markets, Bank of Nova Scotia and RBC Capital Markets finance C$4.5bn proposed acquisition of European convenience stores
May 04, 2023
National Bank of Canada is administrative agent on credit facilities to fund investment in Courchesne, Larose
February 24, 2023
SNC-Lavalin advances ESG strategy with C$2.6bn sustainability-linked credit facilities
July 19, 2022
National Bank of Canada issues amended credit agreement to Kruger Products
February 07, 2022