Nick Tropak
Partner | Calgary
Calgary: 403-260-9777

Nick's practice focuses on banking, project finance, corporate lending, acquisition finance, transactional debt-related work and ongoing advisory services on completed transactions. He regularly acts on secured and unsecured debt financing transactions, project financings, syndicated loan transactions, cross-border financings, acquisition financings, note and bond deals, debt reorganizations, asset-based lending transactions, and intercreditor arrangements.

Nick works primarily in the areas of energy, oil and gas and related service industries, power generation and renewable energy. He also has experience in a wide range of other industry sectors.

Nick regularly acts on behalf of Canadian and foreign financial institutions and corporations in respect of their debt transactions. Nick also acts as agent counsel to international law firms, providing Canadian legal advice on cross-border debt transactions, security and related matters.

SELECT EXPERIENCE

Representing as lead counsel or as a part of the Blakes Financial Services group on the following matters:

  • Trinidad Drilling Ltd. on its Canadian and U.S.-based credit facilities in the aggregate amount of C$400-million and Canadian counsel on its US$350-million high-yield note issuance

  • BluEarth Renewables Inc. and certain of its subsidiaries on various credit arrangements including:

    • C$210-million project financing in respect of its Narrows Inlet hydro facilities in British Columbia

    • A combined C$156-million project financing in respect of the acquisition of its Clowhom River and Dasque-Middle Creek hydro facilities in British Columbia from Veresen

    • C$138-million project financing in respect of the acquisition of its St. Columban I and St. Columban II wind projects in Ontario from Veresen

    • C$71-million project financing in respect of its Bull Creek wind project in Alberta

    • C$72-million project financing in connection with the acquisition of its Solar Spirit solar project in Ontario

    • Certain debt and project development matters in respect of its Bow Lake wind project; acquisition of its Little Creek, Lunar Light, SparkleLight and GoodLight solar projects; and acquisition and debt matters in respect of its Tyson Creek, McNair Creek and Furry Creek hydro facilities

  • Enerplus Corporation on its various debt arrangements, including its issuance of certain notes in separate transactions of approximately C$300-million, C$465-million and C$200-million respectively, and on its C$1-billion credit facilities

  • The lead arrangers in connection with C$1.735-billion project financing for the Southern Lights Pipeline project from Edmonton to Illinois, which financing was named North America's Oil and Gas Deal of the Year in 2008 by Project Finance Magazine and the refinancing thereof in 2014 as Canadian counsel to the lead arrangers and credit facility providers in respect of a US$1.06-billion issuance of notes, a C$352-million issuance of notes and certain working capital credit facilities, and was named North America Project Bond Deal of the Year in 2014 by IJGlobal

  • Capstone Infrastructure Corporation and certain of its subsidiaries on various credit arrangements, including:

    • C$90-million corporate revolving facility provided to Capstone Infrastructure Corporation

    • C$95-million project financing for Helios Solar Star A-1 LP in respect of its solar power facilities and refinancing thereof by way of term debt in amount of C$95-million

    • C$150-million bridge credit facility provided to Capstone Infrastructure Corporation in connection with its acquisition of Bristol Water

    • A senior and subordinate bond offering in the amount of C$100-million by MPT Hydro LP in respect of the refinancing of its hydro power facilities

    • C$83-million credit facilities provided to Cardinal Power of Canada, L.P. to refinance its 156 MW natural gas cogeneration facility

  • Numerous large, mid-market and smaller syndicated and non-syndicated credit facilities lead by Canadian banks and other financial institutions, including credit facilities provided to:

    • Bonterra Energy Corp. in the amount of C$380-million

    • Tidewater Midstream and Infrastructure Ltd. in the amount of C$180-million

    • Aveda Transportation and Energy Services Inc. in an original amount of C$125-million

    • Trident Exploration Corp. in the amount original of C$60-million in connection with the restructuring thereof

    • Inplay Oil Corp. in the amount of C$60-million

    • Ikkuma Resources Corp. in the original amount of C$55-million

    • As Canadian local counsel to Eagle Energy Inc. in the amount of US$65-million

AWARDS & RECOGNITION

Nick is recognized as a leading lawyer in the following publications:

  • Chambers Canada: Canada's Leading Lawyers for Business 2018 (Banking and Finance)

  • The Best Lawyers in Canada 2018 (Asset-Based Lending Practice and Banking and Finance Law)

  • The Canadian Legal Lexpert Directory 2017 (Asset Based Lending)

  • IFLR1000: The Guide to the World's Leading Financial Law Firms 2017 (Banking)

  • The 2016 Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada (Banking & Financial Institutions)

PUBLICATIONS
Show Past:
Page: 1 of 1       1        Items per page: 25 | 50 | ALL
Page: 1 of 1       1        Items per page: 25 | 50 | ALL