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News Stories (11 Results) - BMO Bank

BMO announced the appointment of Tony Sciarrino as Head, U.S. Commercial Bank. Sciarrino will report to both Nadim Hirji, Group Head, BMO Commercial Bank and Darrel Hackett, U.S. CEO, BMO. He will join BMO's U.S. Management Committee and the BMO... Read Story
March 18, 2025, 08:10 AM


America’s Car-Mart extended and upsized its asset-based revolving credit facility (“ABL Facility”).The $350 million ABL Facility was upsized from the prior $320 million commitment and has been extended to mature on March 31, 2027. There was... Read Story
March 05, 2025, 07:41 AM


Montrose Environmental Group has upsized its senior secured credit Agreement to $400 million. The additional $100 million of availability includes a $50 million increase in the revolving credit facility to $175 million and a $50 million increase to... Read Story
February 21, 2024, 07:52 AM


FLEETCOR Technologies, a global business payments company, successfully closed on an amendment to its pro rata Term Loan A and Revolver A credit facilities. The transaction was leverage neutral and results in a $600 million increase in the Company’s... Read Story
February 09, 2024, 08:02 AM


Sterling Infrastructure requested and received an amendment to its 2019 credit agreement that extends the maturity of the credit facility by 18-months to April of 2026.The size, economics and covenants of the amended credit agreement are... Read Story
December 29, 2023, 07:40 AM


KKR announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank, part of BMO Financial Group (“BMO”). Concurrently with the sale, BMO... Read Story
December 18, 2023, 07:58 AM


BMO, a leading lending-partner to U.S. wineries, has formed the U.S. Wine Industry Partnership in collaboration with business intelligence firm WineBusiness and bw166, a top market research firm focused on the wine industry. The U.S. Wine Industry... Read Story
December 15, 2023, 07:41 AM


Digi International, a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, entered into a new senior secured credit facility.The new bank debt provides Digi a $250 million senior... Read Story
December 12, 2023, 07:52 AM


Vintage Wine Estates, one of the top wine producers in the U.S. with an industry leading direct-to-consumer platform, amended its credit agreement to, among other things, waive existing events of default, redefine financial covenants and allow for... Read Story
October 16, 2023, 07:38 AM


Willdan Group announced that on September 29, 2023, the Company completed the refinancing of its credit facilities and entered into a new three-year credit agreement with a syndicate of financial institutions as lenders and BMO Bank as administrative... Read Story
October 06, 2023, 08:11 AM


The Ottawa Senators entered into a $30 million five-year revolving credit facility with BMO Bank of Montreal's Corporate Finance Division, on October 19, 2018. The revolving credit facility provides short-term credit to the Senators as well as credit... Read Story
October 31, 2018, 08:00 AM