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Société en Commandite Aires de Service Québec completes the financing of a public-private project

Date Closed

September 30, 2008

Lead Office

Québec City

On September 30, 2008, Société en Commandite Aires de Service Québec, a limited partnership formed by Immostar Inc. and a group of Québec investors, entered into a 30 year partnership agreement with the Ministry of Transport of Québec constituting a long-term partnership agreement within the meaning of an Act respecting transport infrastructure partnerships. Under said partnership agreement, the Government of Québec, which retains the ownership of the lands, buildings and improvements, granted to Société en Commandite Aires de Service Québec an exclusive right to build, operate and maintain seven service areas located on major highways throughout the Province of Québec.

McCarthy Tétrault LLP represented the lenders to the project, led by Stonebridge Financial Corporation,  with a team that included Philippe Leclec, Marc Dorion, and Anastasia Chtaneva.