David Thring

PartnerMcMillan LLPCapital Markets and M&A; Commercial; Finance

David Thring is a partner in McMillan's Financial Services Group. His practice focuses corporate debt financing and banking. He acts for financial institutions, both Canadian and foreign, and borrowers on cross-border secured loans, project finance, asset-based lending, securitizations and subordinated debt financing. He also acts for private equity and venture capital investors and issuers.

David Thring is a partner in McMillan's Financial Services Group. His practice focuses corporate debt financing and banking. He acts for financial institutions, both Canadian and foreign, and borrowers on cross-border secured loans, project finance, asset-based lending, securitizations and subordinated debt financing. He also acts for private equity and venture capital investors and issuers.

David also provides business law advice to domestic and international clients regarding commercial and contractual matters, acquisitions and divestitures, governance and restructuring. He has advised clients in the manufacturing, retail, technology, service and health disciplines sectors, not-for-profit corporations, hospitals and Ministries of the Ontario government.

Education

  • University of Toronto, Certificate of Achievement in Carbon Finance, 2010
  • University of Toronto, LL.B., 1979
  • University of Western Ontario, B.A. (Hons.), 1976

Bar Admission

  • Ontario, 1981

Experience

  • Acted as Canadian counsel on behalf of Citibank, N.A., as collateral agent, and the lenders on $4.3 billion USD first lien credit facilities provided to Chrysler Group LLC and its subsidiaries and the purchase of $3.2 billion USD second lien notes issued by Chrysler Group LLC.
  • Acted as Canadian counsel for a U.S. issuer and its Canadian subsidiary on a cross-border private placement of senior secured notes of $130.5 million USD and $76 million, secured by toll revenues of an international bridge
  • Acted for a secured creditor, Royal Bank of Scotland, N.V. (Canada) Branch, on the insolvency of Nortel Networks Ltd.
  • Advised a foreign bank and a Canadian financial institution on the restructuring of non-bank issuers of asset-backed commercial paper
  • Has advised government and non-government sponsors on procurement and finance of public infrastructure, including hospitals and bridges
  • Acted on behalf of a leading Canadian manufacturer on the acquisition and financing of new businesses in Europe, South America, the U.S., China and Canada

Associations

  • Canadian Bar Association (including the Business Law Section)
  • Ontario Bar Association
  • Canadian Council for Public-Private Partnerships
  • Board Member and Past Chair, Toronto Rehabilitation Institute

Awards & Honours

  • The Best Lawyers in Canada (Banking and Finance), 2014