Sameena Sarangi

Partner

Calgary
[email protected]
403.232.9136

Sameena Sarangi is a senior associate in the Financial Services Group in the Calgary office. Her practice is focused on advising lenders and borrowers on a broad range of debt financing transactions, both syndicated and bilateral, including acquisition financings, cross-border financings, project financings, asset-based financings and real estate financings. Sameena also has significant experience advising clients on a wide array of corporate and commercial matters.

Prior to joining BLG, Sameena practiced in the banking and finance group at an international law firm. She has also previously worked at a large financial institution where she advised on regulatory, compliance and corporate governance matters.

Sameena provides legal services through a Law Corporation.

Experience

  • Kelt Exploration Ltd. in its $510 million disposition of oil and gas assets in its Inga/Fireweed/Stoddart Division (the “Inga Assets"), located in British Columbia, to ConocoPhillips and assumption by the Purchaser of certain specific financial obligations related to the Inga Assets in the amount of approximately $41.0 million.
  • Berkshire Hathaway Energy Company ("BHE"), in its indirect share purchase acquisition of the Montana Alberta Tie-Line from Enbridge Inc. for an approximate purchase price of $200M.
  • Strad Inc. in it's $130MM management led going private acquisition of all shares via a plan of arrangement and all aspects of securing debt financing for the arrangement.
  • National Bank of Canada: Advising the bank as administrative agent, lead arranger and lender on a C$31 million project financing used for the development, construction, ownership, operation and maintenance of the 15 megawatt Brooks Solar Power Plant located near Brooks, Alberta.
  • Bank of Montreal: Advising the administration agent and syndicate of lenders in respect of an ABL syndicated financing providing for a C$70 million operating facility and a US$5 million standby letter of credit facility in favour of Source Energy Services Canada LP as borrower.
  • Confidential client: Advising a leading communications provider on its C$1 billion senior syndicated revolving credit facility.
  • Bank of Montreal: Advising the administration agent and lenders in respect of a syndicated financing for Onstream Pipeline Inspection Services Inc. ("Onstream"), an acquisition entity formed by the sponsor, Novacap TMT, to facilitate the purchase by Onstream of all the assets of Onstream Pipeline Inspection Ltd. in the U.S. and Canada.
  • Syndicate of lenders: Advising the administrative agent and syndicate of lenders on the C$35 million aggregate secured credit facilities for the construction, expansion and operation of an ethanol fuel facility, expansion of rail lines and for other working capital purposes in respect of a grain terminal operator as borrower.
  • Bank of Montreal: Advising the lender for several construction, acquisition, operating and term loan facilities ranging up to C$250 million for providers of assisted living, long-term care and seniors community facilities.

Beyond Our Walls

Professional Involvement

  • Member, Law Society of Alberta
  • Member, Canadian Bar Association
  • Member, Calgary Bar Association
  • Member, Women in Capital Markets
  • Member, Federation of Asian Canadian Lawyers
  • Director, South Asian Bar Association, Calgary Chapter

Community Involvement

  • Volunteer, BLG Business Venture Clinic at the University of Calgary Faculty of Law
  • Chair of Provisional Development, The Junior League of Calgary
  • Committee Member, World Partnership Golf, Aga Khan Foundation Canada

Awards & Recognition

  • Recognized in the 2022 edition of Best Lawyers: Ones to Watch in Canada (Banking and Financial Law)

Bar Admission & Education

  • Alberta, 2013
  • JD, Queen's University, 2010
  • Bachelor of Commerce (with distinction), University of Alberta, 2006