Alex Riccetti Photo
Alex Riccetti Photo
Alex Riccetti Photo

Alex Ricchetti is building a growing financial services law practice with a focus on commercial debt financing, syndicated lending and acquisition financing. He also has significant expertise in public-private partnerships (P3), asset-based lending, project financing and securitizations.

Advising major banks, private equity firms and domestic and international corporations, Alex acts for clients in domestic, cross-border and multi-jurisdictional financings.



Representative Matters

  • Counsel to VanCity Community Investment Bank (VCIB) in connection with the project financing provided to Noventa Energy Partners for the development of the $42.9 million energy transfer project to be constructed at Toronto Western Hospital, part of the University Health Network (UHN).
  • Counsel to the Bank of Canada, Canada’s central bank, in connection with the amendment and/or establishment and implementation of the Bank’s Emergency Lending Assistance facility and the Standing Term Liquidity Facility, which facilities provide for liquidity to financial institutions in Canada in specified circumstances
  • Counsel to the design-build joint venture in connection with the successful closing of the $4.6 billion project financing transaction to design, build, finance, operate and maintain the Hurontario LRT Project in Ontario
  • Counsel to Bellwyck Packaging Inc. in connections with its credit facilities provided by a syndicate of lenders, with Bank of Montreal as agent
  • Counsel to Shawcor Ltd. in connection with its US$500 million credit facilities provided by a syndicate of lenders, which facilities are guaranteed by subsidiaries in over 15 countries
  • Restructuring of Essar Steel Algoma Inc. under the Companies’ Creditors Arrangement Act and the sale of substantially all of its assets to Algoma Steel Inc. – Lead counsel to the ABL Lenders with respect to the US$250 million revolving ABL facility and Canadian counsel to the Term Agent with respect to the US$285 million term loan facility, in each case, provided to Algoma Steel Inc.
  • Finch West LRT (Light Rail Transit) Project – Counsel to bond underwriters and bank lenders on the $2.5 billion project to design, build, finance, operate and maintain a new 11 kilometer dedicated light rail transit extension in Toronto, Ontario
  • Counsel to the lender in connection with $128.4 million project financing transaction to design, build and finance the Regional Express Rail – Cooksville GO Station

News


Rankings & Recognition

  • Recognized by Best Lawyers in Canada (2023) as a ‘One to Watch’ in the area of Banking and Finance Law
  • Law Society of Upper Canada Prize, Western University, Faculty to Law

Education & Admissions

2017
Called to the Ontario bar
2016
JD (cum laude)Western University
2012
B.Sc. (Honours)University of Guelph

Publications

Insights (5 Posts)

Featured Insight

Cash is King – Taking Control over Cash Collateral

In secured lending transactions, a debtor's cash may form part of the lender's general security or may be deposited with a financial institution to support certain contingent obligations (such as outstanding letter of credits)

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Jan 18, 2022
Featured Insight

Blocked Account Agreements in Canada – Back to Basics

A BAA is useful for lenders relying on cash collateral in secured lending transactions. We discuss the nature and function of BAAs in the common law provinces.

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Aug 31, 2021
Featured Insight

The Cessation of the 6-month and 12-month CDOR Tenors

Refinitiv announced that the calculation and publication of the 6-month and 12-month tenors of CDOR would cease indefinitely effective as of May 17, 2021.

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Dec 17, 2020
Featured Insight

Banking Regulation 2019

Banks in Canada have been continuously recognized as amongst the soundest and safest across the globe.

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Mar 28, 2019
Featured Insight

New record-keeping requirements for Ontario corporations

New record-keeping requirements for Ontario corporations

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Nov 22, 2016

Deals & Cases (4 Posts)

Featured Insight

Hurontario LRT

On October 21, 2019, the Mobilinx consortium reached financial close of the CAD$4.6 Billion DBFOM contract with Infrastructure Ontario (“IO”) and Metrolinx for the Hurontario Light Rail Transit (“LRT”) Project in Ontario.

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Oct 21, 2019
Featured Insight

Orléans Health Hub Project Reaches Financial Close

On August 6, 2019, Infrastructure Ontario (IO) and Hôpital Montfort reached financial close on the Orléans Health Hub project, with the hospital awarding a $59.7 million fixed-price contract to EllisDon Infrastructure Healthcare to build and finance the facility.

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Aug 6, 2019
Featured Insight

Hansen Technologies Limited Acquires Sigma Systems for C$152.5 million

Sigma Systems, a company majority owned by Birch Hill Equity Partners Management since 2015, was acquired by Hansen Technologies Limited. McMillan LLP acted as lead counsel to Hansen with a team lead by JR Beaudrie

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May 31, 2019
Featured Insight

Ottawa’s Trillium Line South Extension

On March 29, 2019, the City of Ottawa and TransitNEXT reached financial close on the Stage 2 Trillium Line south extension, a key component of Ottawa’s C$2.366 billion Stage 2 LRT project.

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Mar 29, 2019