Olga Lenova

Senior Associate
Norton Rose Fulbright Canada LLP

Olga Lenova

Olga Lenova


Related services and key industries


Olga Lenova practises corporate finance and regulatory compliance for financial institutions. Olga's experience includes acting for Canadian and international commercial banks, non-bank financial institutions, and alternative and private credit providers, as well as corporate borrowers and issuers, in connection with senior and subordinated debt, asset-based and cash flow facilities, bridge loans, term lending, and other forms of debt financing. She also advises a variety of businesses, including domestic and international financial institutions and FinTechs on all aspects of regulatory compliance matters at both the federal and provincial level. Olga's experience includes advising on provincial and federal lending and insurance licensing matters, payments regulations and consumer protection matters, as well as assisting Schedule I, II and III banks in developing their general and consumer protection specific compliance libraries.

Olga joined our office as a summer student in 2016. She returned as an articling student in 2017 and 2018. While articling, Olga completed a secondment at Bank of Montreal, where she worked  on a variety of matters associated with derivatives. While at law school, Olga won the Honourable F.H. Barlow Scholarship, the Bruce Leonard Prize in Insolvency Studies and the Blake, Cassels & Graydon LLP Prize in Business Associations.

Before attending law school, Olga founded and ran a food manufacturing business for six years, gaining experience in regulatory compliance, financing and cross-border transactions.

Professional experience

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J.D., Osgoode Hall Law School, 2017

B.A., University of Toronto, 2014

  • Ontario 2018

Olga has recently acted for the following clients:

  • Bank of America, N.A. on an amendment and restatement of a US$750 million global senior secured asset-based lending facility in favour of MRC Global Inc. and certain of its international subsidiaries
  • Canada Mortgage and Housing Corporation on behalf of the Government of Canada on regulatory compliance issues relating to the launch of the Canada Greener Homes Grant
  • Barclays Bank PLC and to the other lenders on a US$1.1 billion Canadian and US revolving credit facility in favour of WESCO Distribution, Inc., WESCO Distribution Canada LP and the other borrowers
  • PNC Bank, National Association in its capacity as agent in a US$115 million credit facility in favour of SSI Acquisition, LLC
  • JPMorgan Chase Bank, N.A., as an initial notes purchaser and administrative agent, in the issuance of US$2.05 billion in senior secured notes maturing in 2026 and a US$500 million asset-based credit facility in favour of NGL Energy Partners, LP.
  • Affirm on regulatory compliance matters in connection with C$340 million acquisition of PayBright Inc.
  • One of Canada's largest banks on creation of an international regulatory compliance library
  • Schedule II bank on regulatory compliance review of all consumer-facing disclosure documents and agreements
  • Fintech company on expansion of "buy now, pay later" installment payment offerings into Canada
  • International Financial Law Review 1000, Canada: Banking; Financial services regulatory (Rising Star), 2023