Project|Justice
CSEC Long-Term Accommodation
Torys acted as counsel to RBC Capital Markets, the underwriter of the short-term and long-term bonds issued by Plenary Properties LTAP LP as the successful proponent for the C$1.1 billion PPP project to design, build, finance and maintain the new headquarters for a Canadian federal agency.
The project won the 2011 Silver Award for Innovation and Excellence in Project Financing from the Canadian Council for Public-Private Partnerships (CCPPP) and Euromoney’s 2011 North American Social Infrastructure Deal of the Year.
The facility includes, among other things, a conference centre and classrooms, a highly collaborative and flexibly work environment, and proximity to public transit and bicycle parking facility.
Torys also acted on the following in connection with this project:
| Jurisdiction | Ottawa |
| Province/State | Ontario |
| Country | Canada |
| Nature of Engagement | Public-Private Partnerships, Procurement, Project Finance |
| Government Level | Federal |
| Procurement Model | DBFOM - Design Build Finance Operate Maintain |
| Client | RBC Capital Markets |
| Client Role | Lender |
| Value | $1,100,000,000 CAD |