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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Scotiabank Leads $292MM Multi-Currency Credit Facility for Accord Financial
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Lenders/Participants
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Scotiabank [Administrative Agent, Sole Arranger, Sole Bookrunner]
HSBC Bank Canada [Lender]
Canadian Imperial Bank of Commerce [Lender]
Bank of Montreal [Lender, Lender]
Branch Banking & Trust Co. [Lender]
M&T Bank Corporation [Lender]
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Structure
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Senior Secured Revolver
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Amount
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$292.000
Million
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Borrower(s)
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Accord Financial Corp.
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Description
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A new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The new facility is a significant step up from the previous facility of $185 million, and will support Accord's continued growth path, which has seen total funds employed grow from $175 million to $262 million over the year ending June 30, 2018. Transaction details not disclosed.
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Industry
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Lender Finance
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| Related Tags |
Scotiabank
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ABL Advisor
Deal Tables
2025
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