Kanika Sharma
Admitted to the Ontario Bar: 2020
-
Toronto
- Bio
- Representative Matters
- Selected Publications
- Insights
- Education
Kanika’s broad corporate experience allows her to provide practical advice on a wide range of financing and lending matters. She collaborates with clients to develop practical solutions to complex legal matters and to facilitate transactions across the finish line.
Kanika is a member of the firm’s Financial Services Group. Her practice focuses on a wide range of transactional matters, with expertise in financing transactions involving real property security and other real estate elements. Kanika regularly advises lenders in bi-lateral and syndicated financing transactions, including asset-based lending, project and acquisition financing and secured lending matters. She also works with borrowers in various industries on corporate and commercial lending transactions, such as cross-border and subordinated debt/mezzanine financings and is skilled at negotiating and drafting commercial contacts.
Representative Matters
Advised The Toronto-Dominion Bank and CIBC on the structuring and execution of a credit arrangement in relation to AirBoss of America Corp.’s US$180-million senior secured credit facilities.
Represented Allied Properties Real Estate Investment Trust, a leading owner-operator of distinctive urban workspace in Canada’s major cities, in the acquisition from Westbank of a 90% ownership interest in 400 West Georgia Street in Vancouver, and an additional 45% ownership interest in 19 Duncan Street in Toronto (increasing Allied’s ownership interest to 95%). The transaction was based on an aggregate property value of $920.7 million.
Acted as Canadian counsel to Kuehne+Nagel with respect to its acquisition of Farrow, a Canadian customs brokerage, transportation and logistics business.
Acts on a regular basis for Canadian Schedule I banks, asset-based lenders and borrowers with respect to their secured lending facilities.
Represents various lenders in connection with the construction financing and term loans provided to long-term care facilities and retirement homes located in Ontario.
Selected Publications
Co-Author, "End-of-Summer Brief on Canadian Overnight Repo Rate Average," Aird & Berlis LLP, September 5, 2023.
Co-Author, "A Closer Look at OSFI Guideline B-15: Climate Risk Management," Aird & Berlis LLP, June 27, 2023.
Co-Author, "ESG Initiatives Take Hold in Banking Sector," Aird & Berlis LLP, April 18, 2023.
Co-Author, "CARR Confirms Development of Term CORRA Benchmark," Aird & Berlis LLP, February 2, 2023.
Insights
Education
- JD, University of Ottawa, 2019
- B.Soc.Sc. (Magna Cum Laude), University of Ottawa, 2016