eCapital closed a $245 million increase to the syndicated bank line supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $815 million. The latest increase follows a $110 million line upsizing completed less...
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January 08, 2024, 08:03 AM
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Medexus Pharmaceuticals entered into a new senior secured credit agreement agented by BMO. The credit agreement provides for a US$35 million term loan facility and a US$3.5 million revolving loan facility for working capital. The term loan facility...
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March 09, 2023, 07:45 AM
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BMO Financial Group announced the appointment of Nadim Hirji as Group Head, BMO Commercial Banking. Hirji will report to Chief Executive Officer Darryl White and join the bank's Executive Committee. His appointment is effective March 1, 2023."Across...
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February 16, 2023, 07:55 AM
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BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced it has completed the acquisition of Bank of the West from BNP Paribas.BMO's acquisition of Bank of the West brings nearly 1.8 million...
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February 02, 2023, 07:55 AM
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BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank (together, "BMO"), received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas. BMO anticipates the acquisition will...
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January 18, 2023, 08:00 AM
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Gatos Silver extended the maturity date and re-established a credit limit of US$50 million in an amended and restated revolving credit facility with Bank of Montreal (“BMO”). The Revolver includes an accordion feature providing up to an additional...
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December 21, 2022, 07:25 AM
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BMO closed as Sole Lender on a senior secured credit facility in support of MiddleGround Capital’s acquisition of HLC, Inc. The ABL facility refinanced the Companies’ existing credit facilities, partially financed the acquisition, and will provide...
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October 13, 2022, 07:40 AM
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BMO’s Asset-Based Lending group served as Administrative Agent and Sole Underwriter and Bookrunner on a $250 million Senior Secured ABL Revolver facility to support the Centre Lane Partners led merger of its portfolio company Hollander Sleep & Décor...
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September 29, 2022, 07:40 AM
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GreenFirst Forest Products closed $140 million in financing from the Bank of Montreal (“BMO”). The financing includes a $125 million asset-backed revolving credit facility and a $15 million term loan. This refinancing replaced a high yield US$90...
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September 28, 2022, 07:11 AM
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BMO Financial Group hired Jim Dore as U.S. Managing Director, Retail Finance Originations, Asset-Based Lending. In this role and in partnership with Michael Ganann, U.S. Head of Retail Finance, Jim will primarily focus on calling nationwide on BMO...
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June 15, 2022, 07:25 AM
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Bank of Montreal announced the upcoming retirement of its Chief Risk Officer Patrick Cronin and the appointment of Piyush Agrawal into the role. Agrawal will join the bank as Deputy Chief Risk Officer on July 1 and, after a transition period with...
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June 10, 2022, 07:51 AM
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Cannara Biotech, a vertically integrated producer of premium-grade cannabis and derivative products with two mega facilities based in Quebec spanning over 1,650,000 sq. ft., closed on a $50 million credit facility led by BMO Commercial Banking. The...
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June 02, 2022, 07:53 AM
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BMO Financial Group announced a commercial banking office in Grand Rapids, MI, led by BMO's Michigan Managing Director James Hess. It is comprised of five commercial bankers focused on diversified industries, equipment finance and treasury & payment...
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May 26, 2022, 07:38 AM
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PopReach Corporation entered into a credit agreement for US$33 million in senior secured credit facilities with the Bank of Montreal. The Facilities, once closed, will consist of a US$8 million revolving facility, a US$25 million non-revolving term...
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April 19, 2022, 07:28 AM
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BMO Financial Group, and its indirect wholly owned Chicago-based subsidiary BMO Harris Bank announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries, with assets as of Sept. 30, 2021, of...
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December 20, 2021, 08:05 AM
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According to a Bloomberg report, Bank of Montreal has expressed interest in buying BNP Paribas SA’s U.S. banking arm, according to people familiar with the matter. BMO has held initial talks about an acquisition of BNP Paribas’s Bank of the West unit...
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December 17, 2021, 08:03 AM
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Alpha Metallurgical Resources refinanced its Asset-Based Revolving Credit Facility, which was previously set to expire in April 2022. The new $155 million facility will mature in December 2024 and includes $125 million committed availability for...
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December 07, 2021, 07:42 AM
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Diamond Estates Wines & Spirits entered into a Second Amended and Restated Credit Agreement (“SARCA”) with Bank of Montreal (“BMO”). The SARCA folds in the previous BMO facility of the Equity Wine Group and its subsidiaries (collectively “EWG”) with...
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December 02, 2021, 07:41 AM
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MAG Silver Corp. signed a binding commitment letter with the Bank of Montreal (“BMO”) for a fully underwritten US$40 million revolving credit facility. Closing of the Facility is expected to occur by mid-December 2021 and is subject to the...
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November 15, 2021, 07:47 AM
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Spin Master Corp., a leading global children's entertainment company, entered into an agreement with a syndicate of lenders to amend and restate its existing credit facility.Under the agreement, Spin Master's existing US$510 million five-year secured...
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September 30, 2021, 06:00 AM
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Quisitive Technology Solutions, a Microsoft Cloud Services and Payment Solutions Provider, has paid out and retired its existing credit facility with a Canadian Schedule 1 Chartered Bank (the “Bank”) and has entered into a new credit facility with a...
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August 30, 2021, 07:08 AM
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Canopy Rivers Inc. announced that PharmHouse Inc., its 49%-owned joint venture in Leamington, Ontario, amended its syndicated credit facility ("Credit Facility") with the Bank of Montreal ("BMO"), as the agent and lead lender, and the Canadian...
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April 16, 2020, 09:10 AM
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Aurora Cannabis Inc. announced that it has closed its previously announced debt facility with the Bank of Montreal (BMO). The facility consists of a $150 million term loan and a $50 million revolving credit facility, both of which mature in 2021....
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September 04, 2018, 07:11 AM
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Aurora Cannabis Inc. announced that it has agreed to a new $200 million debt facility, with a potential upsize to $250 million, with the Bank of Montreal (BMO).
The facility will consist of a $150 million term loan and a $50 million revolving credit...
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June 27, 2018, 07:31 AM
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