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Syndicate of international lenders led by The Bank of Nova Scotia completes US$2.5 billion financing in favour of TELUS International

Fasken
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Overview

Client

A syndicate of lenders with The Bank of Nova Scotia acting as administrative agent

On December 20, 2022, a syndicate of international lenders led by The Bank of Nova Scotia (“Scotiabank”) as administrative agent completed US$2.5 billion secured credit facilities (inclusive of a US$500 million accordion) in financing provided to TELUS International, a TSX and NYSE listed company, in connection with its US$1.225 billion acquisition of WillowTree.

Fasken represented the syndicate of international lenders led by Scotiabank in connection with this transaction with a team led by David Ferris and including Daniel Conrad, Hussein Rehmanji, Christopher Steeves (Tax), Ross Gascho (Pensions & Benefits) and Gurkirat Batth (Articling Student).

Jurisdiction

  • Ontario

Team

  • David H. Ferris, Partner, Toronto, ON, +1 416 865 4391, dferris@fasken.com
  • Daniel Conrad, Partner, Toronto, ON, +1 416 868 3351, dconrad@fasken.com
  • Christopher Steeves, Partner | Leader, Tax Law, Toronto, ON, +1 416 868 3401, csteeves@fasken.com
  • Ross A. Gascho, Partner | Leader, Pensions and Benefits, Toronto, ON, +1 416 865 5447, rgascho@fasken.com
  • Gurkirat Batth, Associate, Toronto, ON, +1 416 868 7546, gbatth@fasken.com