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Simina Ionescu-Mocanu

Partner

403.260.0231
sionescu@bdplaw.com
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Education:
University of Alberta, Bachelor of Laws (with Distinction), 2008

University of Alberta, Undergraduate studies in Criminology, 2002-2005

Bar admission: Alberta 2009
Industries:
Aerospace, Agribusiness, food and beverage, Financial services, Oil and gas, Power, Real estate, Renewables and energy transition, Technology
Practice areas:
Banking and finance, Project finance

Experience

Simina’s focus is on:

  • Syndicated and bilateral financings for chartered banks, financial companies and borrowers
  • Secured and unsecured financings
  • Domestic and cross-border financings
  • Project financing
  • ISDA Master Agreement transactions

Community involvement

Simina was on the Board of Directors and the Treasurer of Cowtown Opera Company from 2019 to 2020.

Professional involvement

Since 2014, Simina has been a substitute lecturer (Financing and Priority of Creditors) for the University of Calgary Faculty of Continuing Education business law course.

Professional associations

  • Member, Law Society of Alberta
  • Member, Canadian Bar Association
  • Member, Calgary Bar Association
  • Executive Member, Canadian Bar Association Insolvency Sub-Section (2010 – spring 2015)

Presentations

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

  • Opinions and Forbearance Agreements, BD&P Banking Seminar, Current Issues for Junior Bankers: a Four-Part Seminar Series, March 2016
  • Security Concepts Under the Alberta PPSA, BD&P Banking Seminar, Current Issues for Junior Bankers: a Four-Part Seminar Series, March 2016
  • Working With External Counsel - What Should You Consider?, BD&P Banking Seminar, Current Issues for Junior Bankers: a Four-Part Seminar Series, March 2016
  • Borrowing Base Reviews and Financial Covenants: What it all Means and What Happens if You Don't Make the Cut? Canadian Bar Association, Young Lawyers' Sub-Section Meeting, November 2015
  • Mitigating Directors' Exposure for Personal Environmental Liability, BD&P Client Seminar, February 2014

Representative work

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.

Alberta Petroleum Marketing Commission in connection with the Keystone Expansion Project

Counsel to APMC regarding the Government of Alberta’s $1.5 billion equity investment in––and $6 billion loan guarantee in support of––the Keystone Expansion Project.

Decibel Cannabis Company Inc.'s $30 million credit facilities

Counsel to Decibel Cannabis Company Inc. and its subsidiaries in connection with up to $30 million in aggregate credit facilities provided by lender Connect First Credit Union Ltd.

Decibel Cannabis Company Inc.'s consolidated credit facilities

Counsel to Decibel Cannabis Company Inc. and its subsidiaries in connection with consolidated credit facilities from lender ATB Financial.

TransAlta Corporation's development of a wind power project

Counsel to TransAlta Corporation in connection with the development of a 200 MW+ wind farm project following it having achieved “Selected Proponent” status under AESO’s REP Round 3 program.

NuVista Energy Ltd.'s acquisition of pipestone business of Cenovus Energy Inc.

Counsel to NuVista in the $625 million acquisition of the Cenovus Pipestone Partnership, which holds assets in the Pipestone area of Northwest Alberta.

CWC Energy Services Corp. syndicated and term credit facilities

Counsel to CWC Energy Services Corp. in connection with amendments and extensions of its secured syndicated credit facilities in an aggregate principal amount of up to $75 million and a new secured 5-year term credit facility in the principal amount of $12.8 million.

Multiple acquisitions by Command Fishing and Pipe Recovery Ltd.

Counsel to Command Fishing and Pipe Recovery Ltd. in the acquisition of three private wireline and fishing companies.

Baytex Energy Corp.'s $1.5 billion financing

Counsel to Baytex Energy Corp. in its $1.5 billion public offering of 38,433,000 subscription receipts.

Power development company's acquisition of green power

Advising a power development company on a limited partnership and contract for differences with a corporate investor that was interested in acquiring green power from an independent wind project as part of its efforts to reduce its carbon footprint.

Power company's bid to acquire Regional Power Inc.

Advising a power development company on its due diligence and bid to acquire Regional Power Inc., a corporate group with 106 MW of hydroelectric assets in BC and Ontario from ManuLife Financial Corporation.

Canadian construction company's $425 million syndicated credit facilities

Counsel to a Canadian construction company in connection with its senior secured syndicated credit facilities in an aggregate principal amount of up to $425 million.

International syndicated credit facilities for Superior Plus Corp.

Counsel to the agent and a syndicate of ten lenders with respect to providing a $750 million secured credit facility to affiliated Canadian, U.S. and Chilean borrowers.

Landmark Cinemas Canada's credit facilities

Counsel to Alberta Treasury Branches in connection with credit facilities provided to Landmark Cinemas Canada Limited Partnership in the amount of $49 million and the financing of Landmark Cinemas Canada Limited Partnership's acquisition of certain theatres located in Ontario and the Western Canadian provinces from Empire Theatres Limited and ECL Western Holdings Limited.

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

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

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.

PrairieSky Royalty Ltd. syndicated credit facilities

Counsel to PrairieSky Royalty Ltd. in connection with a $700 million syndicated extendable revolving credit facility and a $25 million extendable operating credit facility (2021)

Canadian Asset Management Company – Syndicated Credit Facilities

Counsel to a Canadian group of asset management companies in connection with initial syndication and subsequent increase of up to $115 million aggregate syndicated credit facilities (2022)

Decibel Cannabis Company Inc. – Credit Facilities

Counsel to Decibel Cannabis Company Inc. and its subsidiaries in connection with credit facilities provided by Connect First Credit Union Ltd. and subsequent upsize and refinancing thereof (2020, 2021, 2022)

Awards

Recent honours and recognition

Leading banking and finance lawyer in the Canadian Legal Lexpert Directory (2022)

Named in The Legal 500 Canada as a recommended lawyer in banking and finance (2020-2022)