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Overview

David Rotchtin acts for lenders and borrowers on a variety of lending transactions. His experience includes syndicated loans, asset-based loans, cross-border loans, DIP loans, private bond placements, project financings, subordinated debt financings, acquisition financings and loan purchases. On each deal, David aims to help his client achieve its business objective by bringing a practical and thoughtful approach to its loan documentation.

David's clients appreciate his ability to protect their interests while driving the lending transaction forward in a collaborative and considerate manner. His approach seeks to contribute to the respectful and honest relationship which is a cornerstone of a successful, long-term lending relationship.

Client Work

The lead arrangers and the lending syndicate of a US$2.55-billion term facility and US$600-million revolving credit facility to support the US$6.3-billion sale of Nuvei
The lead arrangers and agents for Cinven's $2.021-billion acquisition financing of Bayer Environmental Science, including a $1.346-billion first lien term loan facility, a $300-million second lien term loan facility, a $225-million revolving credit facility and a $150-million ABL facility.
Credit Suisse and a large UK investment bank, as lead arrangers, and Bank of Montreal, as administrative agent, in connection with the US$2.01 billion 1L, 2L and ABL facilities to finance the US$2.6-billion acquisition by Cinven of Bayer Environmental Science (a carve-out transaction of Bayer AG's environmental science business).
Cresco Labs Inc. in its US$2-billion acquisition of Columbia Care Inc., making Cresco the second-largest cannabis producer and retailer in the U.S. at the time of the transaction.
Cresco Labs, in its US$207-million acquisition of Bluma Wellness Inc. a vertically integrated operator in Florida.
Canso Investment Counsel Ltd., the largest first lien debtholder, in the $600-million recapitalization of Postmedia Network Inc. ("PNI") pursuant to the Canada Business Corporations Act, including significant amendments to PNI's outstanding 8.25% senior secured notes (the "First Lien Notes") and the paydown of approximately $78 million of the First Lien Notes.

Recognitions & Awards

Canadian Legal Lexpert Directory

Repeatedly Recommended, Banking & Financial Institutions

The Legal 500 Canada

Next Generation Lawyer, Banking and Finance

Education & Bar Admissions

Education

  • McGill University, BA, 2007, with great distinction
  • University of Toronto, JD, 2011

Bar Admissions

  • Ontario, 2012

Insights

Significant Changes Proposed to the Criminal Interest RateBlog

Significant Changes Proposed to the Criminal Interest Rate

May 18, 2021
Denise D. BrightPreet K. GillDavid S. Rotchtin
Denise D. Bright, Preet K. Gill & David S. Rotchtin
PlaceholderUpdate

Equity Kickers and the Criminal Rate of Interest

May 8, 2017
Preet K. GillDavid S. Rotchtin
Preet K. Gill & David S. Rotchtin