Steven Marmer

Toronto

416.865.7152

[email protected]

Expertise Banking & Finance Business Law Financial Services Mergers & Acquisitions Private Equity & Venture Capital

Language(s) Spoken

English

Steven Marmer is an experienced financial services lawyer in McMillan’s Toronto office. He practices finance law, corporate and commercial law with a focus on a diverse range of financial transactions including acquisition financing, cross-border transactions, securitization, restructuring, asset-based loans, technology and start-up financing.

Steven’s experience includes representing a variety of private and public companies, Canadian and US banks and private financial institutions on a range of domestic and cross-border commercial lending transactions.

Steven is routinely involved with drafting and negotiating credit agreements, commitment letters, security agreements, guarantees, payoff letters, inter-creditor agreements, opinions and other financing-related documents.

Steven is a coauthor of the 2022 and 2023 editions of The Acquisition and Leveraged Financial Review published by The Law Reviews

Expertise

Industries

Practices

Representative Matters

Acted for a Canadian bank, as agent and the syndicate of lenders, in connection with a CAD$1.0 billion credit facility for a publicly traded company.
Acted for a number of Canadian and international banks establishing their template CORRA credit agreements.
Acted for the ownership team in a successful leveraged buyout of a technology company.
Acted for a syndicated loan totaling USD$1.95 billion for the acquisition and privatization of a portfolio of real estate, consisting of 190 commercial properties held by 190 single-purpose entities. Represented senior loan lenders, senior loan administrative agent, mezzanine loan lenders, mezzanine loan administrative agent and collateral agent.
Acted for a U.S. bank providing acquisition financing for the merger of two cyber-security firms for a transaction valued at $900 million.
Acted for a U.S. private equity firm providing a $750 million loan, the largest single-sourced loan to a Canadian cannabis company.
Acted for a publicly traded industrials company obtaining $700 million financing from the Canada Infrastructure Bank to develop green synergizes in the production of commodities and assisting Canada in meeting the reduction of its greenhouse gas emissions.
Acted for a U.S. private equity firm providing $650 million loan to the largest Canadian gym operator.
Acted for a Canadian bank, as lender, in connection with aircraft financing for a borrower.
Acted for a publicly traded Canadian mortgage provider establishing a new warehouse facility for $200 million.
Acted for a syndicate of Canadian banks providing real estate financing for project development of a vacation resort valued at $275 million.
Acted for a publicly traded wine and spirts company upsizing its credit agreement to $275 million.
Acted on behalf of a private equity firm for the establishment of a revolving credit facility for acquisitions.
Acted for three Canadian banks and over two dozen different borrowers establishing new facilities ranging in size from $2–$20 million.