Lawyer Profile

Carol D. Pennycook

Toronto, Ontario

Carol D. Pennycook

Overview

For more than 30 years, clients have turned to Carol as a trusted adviser. They have described her as “fantastic in driving deals forward and very thoughtful in drafting and considering client needs.” (Chambers Global)

Recognized as a Star Individual in Chambers Global, Carol advises on a wide range of transactions – corporate finance, structured finance, project finance, debt capital market offerings, private equity, mergers and acquisitions, and corporate reorganizations.

A significant portion of Carol’s practice is devoted to financing transactions, acting for both borrowers and lenders. Public and private companies and financial institutions choose Carol for her ability to structure innovative financing solutions, both Canadian and cross-border, for their specific requirements.

Carol acts in many of the highest­-profile public-­private partnership projects in Canada and the U.S. She has achieved great success for borrower and lender clients in complex infrastructure financings.She is a former director of PPP Canada and a former member of our firm’s Management Committee.

Acted for Enwave Energy Corporation as the successful proponent for Syracuse University's steam station operations project. Along with serving Syracuse University, the Steam Station serves the State University of New York College of Environmental Science and Forestry, SUNY Upstate Medical University, Syracuse VA Medical Center and Crouse Irving Memorial Hospital.

Acted for Graywood Developments Ltd. in connection with a $65-million offering of Graywood GTA Condominium Limited Partnership by way of a private placement.

Acted as counsel to the lenders providing equity bridge financing to the successful consortium in respect of the Sea-to-Sky Highway project in British Columbia.

Acted for the underwriters led by BMO Capital Markets in the offering of C$500-million Ukraine Sovereignty Bonds by the Government of Canada to offer Canadians an opportunity to directly support Ukraine.

Practice Areas

  • Banking/Finance
  • Corporate & Commercial Law
  • Securities

Bar Information

Called to the bar: 1981 (AB); 1985 (ON)