Kathy Pybus web res

Kathy L. Pybus

Partner

403.260.0196
klp@bdplaw.com
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Education:
University of Alberta, Bachelor of Commerce (with Distinction), 1993

University of Alberta, Bachelor of Laws, 1996

Bar admission: Alberta 1997
Industries:
Aerospace, Agribusiness, food and beverage, Construction, Life sciences, Oil and gas, Power, Real estate, Renewables and energy transition, Start-up and early-stage companies
Practice areas:
Banking and finance, Project finance, Business law, Commercial agreements

Experience

Banking

  • Lending and financing transactions for chartered banks, financial companies and borrowers
  • Syndicated credit and project loan facilities, principally in the oil & gas industry
  • Domestic and international lending

General commercial

  • Corporate restructurings and reorganizations
  • Acquisitions and divestitures
  • Project and transactional work

Professional involvement

Kathy is the leader of BD&P's business finance and restructuring group.

Professional associations

  • Member, Law Society of Alberta
  • Member, Canadian Bar Association
  • Member, Calgary Bar Association

Presentations

Kathy has also presented at various conferences, panels, seminars, and other events, including:

  • Key Negotiation Issues in M&A Transactions, BD&P Client Seminar, November 2012
  • Subordinated Debt - Where Does It Fit & Who Does It Impact?, BD&P Banking Seminar Series - Current Financing Alternative - Issues for the Borrower & Senior Secured Lender, June 2011

Representative work

Blackline Safety Corp. in bought deal public offering

Acted for Blackline Safety Corp. in bought deal public offering of Common Shares for aggregate gross proceeds of approximately $12 million through a syndicate of underwriters led by PI Financial Corp. and concurrent non-brokered private placement of Common Shares for gross proceeds of $13 million, for total gross proceeds of approximately $25 million. Closed August 31, 2022.

Graham Group’s acquisition of AECOM’s energy operations and maintenance business

Counsel to the Graham Group of Companies in the acquisition of the North American assets of AECOM’s Energy Operations and Maintenance Division. The acquisition positions the Graham Group as the third largest construction company in Canada and Western Canada’s largest industrial services company.

Greenfire Acquisition Corporation acquisition of Japan Canada Oil Sands Limited

Counsel to Greenfire Acquisition Corporation in its acquisition of all of the shares of Japan Canada Oil Sands Limited, which has a working interest in the Hangingstone facility in Alberta, for an undisclosed amount.

Ag Growth International Inc.'s $86 million financing

Counsel to Ag Growth International Inc. in its public offering of $86 million senior subordinated unsecured debentures with an interest rate of 5.25% per annum maturing on December 31, 2024.

Predator Drilling Inc.'s $9 million private placement

Counsel to Predator Drilling Inc. in the private placement of an aggregate amount of $9,000,000 of Series 3 Second Preferred Shares to institutional and high net worth investors, along with implementation of a new US$12.0 million revolving credit facility and US$2.5 million term credit facility with a US based mid-market lender.

$2.8 billion acquisition of Raging River Exploration Inc.

Counsel to Raging River Exploration Inc., a Canadian oil producer, in the $2.8 billion strategic acquisition.

NewAlta Corporation's $1 billion merger with Tervita Corporation

Counsel to NewAlta in the $1 billion merger with Tervita Corporation, a Canadian environmental solutions provider, in a stock swap transaction.

$232 million acquisition of Canadian Helicopters Limited

Counsel to Don Wall and CHL Heli-Acquisition Company Ltd. in the $232 million acquisition of HNZ Group Inc. (Canadian Helicopters Limited).

Savanna Energy Services Corp.'s hostile takeover defence

Counsel to Savanna Energy Services in the defence of a $450 million hostile takeover bid by Total Energy Services Inc.

Acquisition of Kenn Borek Air Ltd.

Counsel to Don Wall and 11412175 Canada Ltd. on the acquisition of Kenn Borek Air Ltd.

ATCO Group's $2 billion increase in credit facilities

Counsel to Royal Bank of Canada and the Bank of Montreal regarding the approximately $2 billion syndicated unsecured credit facilities provided to various members of the ATCO Group.

US Development Group LLC's joint venture with Gibson Energy

Counsel to US Development Group LLC in its 50/50 joint venture with Gibson Energy to advance the financing, development and construction of a Diluent Recovery Unit in Hardisty, Alberta.

TriWest Capital Partners investment in HPC Energy Services Ltd.

Counsel to HPC Energy Services Ltd. in a Plan of Arrangement whereby TriWest Capital Partners acquired a majority interest in HPC Energy Services Ltd.

Credit facilities for TransCanada PipeLines Limited

Counsel to the agent and lending syndicate in connection with credit facilities provided to TransCanada PipeLines Limited in the amounts of $3 billion and US$2 billion.

Suncor Energy Inc.'s multi-billion credit facilities

Counsel to the agent and syndicate of lenders for the $4 billion and US $2 billion unsecured credit facilities to Suncor Energy Inc.

Raging River Exploration Inc.'s $500 million credit facility

Counsel to Raging River Exploration Inc. on a $500 million senior secured syndicated credit facility.

Mill City Capital, LP's $60 million credit facilities

Counsel to Royal Bank of Canada and Alberta Treasury Branches in connection with syndicated credit facilities provided to Mill City Capital, LP in the aggregate principal amount of $60 million to assist with its going private acquisition of Bonnett's Energy Corp.

US $550 million credit facility from the Royal Bank of Canada

Counsel to the Royal Bank of Canada, as administrative agent for a syndicate of 13 lenders, providing a US$550 million senior secured credit facility to Precision Drilling Corporation and secured against Canadian and US assets.

Paramount Resources Ltd.'s $1 billion credit facility

Counsel to the agent and a syndicate of lenders in connection with a $1 billion senior secured credit facility to Paramount Resources Ltd.

Obsidian Energy Ltd. acquisition in the Peace River Oil Partnership

Counsel to Obsidian Energy Ltd. in its $44 million acquisition of a 45% interest in the Peace River Oil Partnership from its partner (now 100% owned)

Awards

Recent honours and recognition

Named in Canadian Legal Lexpert Directory, as a leading lawyer in the area of banking and financial institutions (2017-2022)

Best Lawyers in Canada's Calgary banking and finance law lawyer of the year (2022-2023)

Recommended lawyer in the area of banking and finance law by Best Lawyers in Canada (2018-2022)

Named by the Legal 500 Canada as a leading banking and finance lawyer (2018-2022)

Recognized in Lexpert's special edition on Canada's leading infrastructure lawyers (2019-2020)

Named in Lexpert's special edition on Canada's leading energy lawyers (2020)