Founded in 1941, Torys has grown to five offices, including four in Canada and one in New York. Renowned for its M&A and project development work, the firm excels in finance, corporate, and projects practice areas. The banking team handles credit facilities, acquisition financing, and project financing, while the capital markets team supports issuers and underwriters in debt, equity, and securitization. The M&A team represents buyers, sellers, and private equity firms, and the projects team focuses on energy and infrastructure. Torys also addresses restructuring and insolvency issues for a diverse clientele. 

Highlights 

Tory's stands at the forefront of the most complex and impactful matters, both for the market and the nation. This is exemplified by the Wataynikaneyap Power transaction, a groundbreaking partnership between 24 First Nations Communities and Fortis Ontario Inc. The firm provides comprehensive advice on all commercial and regulatory aspects related to the development and financing of a transmission system in Northwestern Ontario which will connect 17 remote communities to the Ontario transmission grid. This pioneering project is the largest First Nations majority-owned infrastructure project of its kind to date in Canada and will significantly impact several indigenous communities. Additionally, the firm manages intricate transactions like the $2.2 billion return of capital and reverse-stock-split transaction where Tory's advised Thomson Reuters, incorporating bespoke features for their client. 

Key Clients  

Brookfield Infrastructure Corporation, The Bank of Nova Scotia, TotalEnergies SE, Thomson Reuters, Superior Plus, Wataynikaneyap Power, Toronto Hydro, Oneida Energy Storage LP, Nuclear Waste Management Organization, Ontario Power Generation 

Testimonials 

“The firm was able to provide a full complement of professional staff that were skilled in the multiply disciplines that were required to bring this transaction to a successful compilation” (Restructuring Client)

“Very good at communications, organizing, planning and strong working knowledge of corporate law. He has a positive personality and is able to work through very challenging issues and conflicts” -  (David Forrester)