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Thunder Bay Consolidated Courthouse Project reaches financial close

Fasken
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Client

Thunder Bay Consolidated Courthouse Project

On November 19, 2010, Infrastructure Ontario and the Ministry of the Attorney General and announced that Plenary Justice Thunder Bay LP had signed a contract to design, build, finance and maintain the new Thunder Bay Consolidated Courthouse. The project has reached commercial and financial close, all contractual steps have been completed and construction can begin. The Plenary Justice team includes Plenary Group, Bird Design - Build Ltd., Johnson Controls LP, Adamson Associates Architects, Ricci Green Associates and TD Securities.Financing for the Project, which includes a short term bank debt tranche and long term bond financing, is being provided by TD Bank, Ontario Pension Board, Bimcor, Manulife and Canada Life. Equity is being provided by Plenary Group. The short term and long term lenders and bondholders were represented by Fasken Martineau with a team that included Brian Kelsall, Ella Plotkin, Jon Holmstrom, Sean Morley, John Sabetti, Marc Lefler and Dan Fuke.

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