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Scott Sangster, Partner | Banking & Finance

Scott Sangster

Partner Fasken
Jurisdiction Alberta, 1987
Language(s) English
Office(s) Calgary
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Overview

Scott Sangster leads the Banking & Finance group in Calgary and is a foremost banking and finance lawyer, with extensive international and domestic experience in both bilateral and syndicated transactions. He structures and advises lenders, institutional and private, in implementing a variety of debt financing transactions, including complex inter-creditor and priority arrangements.

Practicing in the private equity, agribusiness, energy, real estate, logistics (including equipment and aircraft financing), fintech and diversified sectors, Scott leverages his more than 30 years’ of experience to assist clients in negotiating and executing the financing of acquisitions, divestitures, business combinations, restructurings, workouts and forbearances across these industries.

Professionally and personally Scott is known as a people-connector. Clients recognize Scott as going beyond the technical practice of law to serve as a key resource and he goes out of his way to support the people in his network on an ongoing basis.

Achievements

  • Recognized in Banking and Finance Law in Alberta, The Best Lawyers in Canada 2022 to 2026
  • Recognized in Asset-Based Lending Practice in Alberta, The Best Lawyers in Canada 2022 to 2026
  • Recognized in the Canadian Legal Lexpert Directory in Asset-Based Lending, Lexpert 2022 to 2026
  • Recognized in the Canadian Legal Lexpert Directory in Asset Equipment Finance/Leasing, Lexpert 2020 to 2026
  • Recognized in the Canadian Legal Lexpert Directory in Banking & Financial Institutions, Lexpert 2016 to 2026
  • Recognized nationwide as Highly Regarded in Banking, IFLR 1000 2021 to 2025
  • Recognized as a Thomson Reuters Stand-out Lawyer (formerly known as Acritas Star™ lawyer), Thomson Reuters 2019 to 2023
  • Recognized in the 2021 Lexpert Special Edition – Energy, Lexpert 2021
  • Martindale-Hubbell Distinguished BV Peer Review Rating, Martindale Hubbell 2018
  • Banking and Finance Law , The Legal 500 Canada 2018
Lexpert Publication name with laurels Lexpert Recognized in the 2021 Lexpert Special Edition – Energy The Lexpert Special Edition: Energy profiles Lexpert-ranked lawyers whose focus is in Energy and relevant practice areas.
2018 Martindale Hubbell Martindale-Hubbell Distinguished BV Peer Review Rating

Experience

  • ATB Financial provides C$20.5 million in credit facilities for recapitalization transaction with US private equity sponsor, [Deal - ATB Financial], Credit Facilities provided for borrower to assist in recapitalization transaction by US private equity sponsor, with growth capital for expanded operations in merchant of record space.
  • Confidential client closes a C$110 million secured bilateral credit facility to a Saskatchewan-based First Nation, [Deal - Confidential Client], Lender’s counsel for C$110 million secured bilateral credit facility obtained by First Nation.
  • The Megill - Stephenson Company Limited closes strategic investment in Sonoma Capital Corp., [Deal - Sonoma Capital Corp.], The Megill - Stephenson Company Limited invests in Sonoma Capital Corp.
  • Confidential client closes C$400 million syndicated credit facility, as agent to a syndicate of lenders, for national Canadian professional services firm, [Deal - Confidential], Amended and restated MNP’s C$400 million syndicated credit facilities.
  • Acquisition of Airmedic by Dessercom, [Deal - Dessercom], Advised Dessercom in the acquisition of Airmedic, a leader in emergency air medical transport.
  • Stampede Drilling Inc. enters new C$50 million syndicated credit agreement, [Deal - Stampede Drilling Inc.], Stampede Drilling enters new syndicated credit agreement with HSBC and TD Bank.
  • National Bank of Canada leads syndicate for the acquisition of AC Water Management Limited Partnership, portfolio company for Canadian-based private equity sponsor, [Deal - National Bank of Canada], Complex private equity sponsored acquisition financing in the environmental services sector in Western Canada.
  • Cathedral Energy Services expands credit facility and completes strategic acquisition of Rime Downhole Technologies, [Deal - Cathedral Energy Services], Cathedral extends syndicated credit facility and completes strategic acquisition
  • Stride Capital Corp. implements successful strategic acquisition by Servus Credit Union Ltd., [Deal - Stride Capital Corp.], Servus Credit Union expands business through acquisition.

Career & Education

Education

  • LLB University of Alberta
  • BA, Sociology and Economics Harvard University

Community involvement

  • Recruiter and Interviewer Harvard School Committee
  • Member, Loan Review Committee Canadian Youth Business Foundation
  • Member Calgary Italian Cultural Centre
  • Board Member, Co-Chair Governance Committee Calgary Meals on Wheels

Memberships & Affiliations

Knowledge

News

Publications

  • Alberta Mortgage Registration Levies Increase Again: Land Value Now Valueless, The Canadian Mortgage Broker Magazine, Winter 2025 Edition
Article, Co-Author Alberta Mortgage Registration Levies Increase Again: Land Value Now Valueless The Canadian Mortgage Broker Magazine, Winter 2025 Edition