Lumine Group, a global acquirer of communications and media software companies, entered into a revolving credit facility agreement with a syndicate of Canadian and US financial institutions to provide long-term financing to support the Company’s...
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March 21, 2024, 07:37 AM
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Entourage Health Corp., a Canadian producer and distributor of award-winning cannabis products, announced that the Company has partially repaid its senior secured credit facility with Bank of Montreal ("BMO") from the net proceeds of the sale of its...
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June 20, 2023, 07:00 AM
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Converge Technology Solutions Corp. a services-led, software-enabled IT & Cloud Solutions provider, increased its $500 million global revolving credit facility to $600 million under its accordion feature on its existing credit terms. J.P. Morgan and...
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February 10, 2023, 07:41 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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Spark Power Group finalized the terms of an amended and restated credit facility with its senior lender, Bank of Montreal ("BMO"). The Amended Credit Facility agreement was signed concurrent with the closing of the sale by Spark Power of its Bullfrog...
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December 05, 2022, 07:33 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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Blue Bird Corporation, the leader in electric and low-emission school buses, entered into a fifth amendment to its credit facility, dated as of December 12, 2016.? Bank of Montreal acted as Administrative Agent and an Issuing Bank, Fifth Third Bank...
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September 12, 2022, 07:30 AM
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Alliance Entertainment Holding Corporation, a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, announced the June 30, 2022, expansion for their line of credit...
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August 05, 2022, 07:40 AM
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Quisitive Technology Solutions executed a third amendment to its existing credit facility (the “Credit Facility”) with a syndicate of institutions led by Bank of Montreal and including Desjardins Capital Markets that, among other things, provides for...
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August 05, 2022, 07:00 AM
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Wheaton Precious Metals added a sustainability-linked element in connection with the extension to its existing undrawn US$2 billion revolving credit facility underscoring Wheaton's commitment to sustainability initiatives.
The Bank of Nova Scotia...
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July 20, 2022, 07:39 AM
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The Merchant Opportunities Fund, a Vancouver-based private debt fund focused on investing in specialty finance portfolios, has increased its revolving debt facility with the Bank of Montreal ("BMO"). The facility now consists of a $27.5 million...
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July 12, 2022, 07:00 AM
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Ferroglobe PLC closed a new, five-year $100 million North American asset-based revolving credit facility (the “ABL Revolver”), involving Ferroglobe’s subsidiary, Globe Specialty Metals, Inc. (“Globe”), and its wholly owned North American subsidiaries...
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July 06, 2022, 07:29 AM
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Entourage Health, a Canadian producer and distributor of cannabis products, amended its existing senior secured credit facility entered into on March 29, 2019 between the Company and Bank of Montreal, and its existing second secured credit facility...
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July 05, 2022, 07:21 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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StoneX Group agreed to amend its existing $401 million senior secured credit facility, to extend the maturity through April 2025 and to increase the size of the facility to $475 million. The existing facility, comprised of a $236 million revolving...
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April 28, 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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Tetra Tech, a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, established a $1 billion sustainability-linked credit facility.The credit facility increases the Company’s borrowing...
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February 23, 2022, 07:18 AM
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Black Diamond Group Limited, a leading provider of space rental and workforce accommodation, renewed its secured asset-based revolving credit facility. The renewal extends the maturity of the Facility out to October 31, 2026. The lending syndicate is...
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December 21, 2021, 07:21 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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Resolute Forest Products announced a reset of the five-year maturity of its senior secured asset-based revolving credit facility ("ABL credit facility") with an aggregate lender commitment of up to $450 million at any time outstanding, subject to...
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December 16, 2021, 07:40 AM
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Kiwetinohk Energy announced a 40 percent increase to its Senior Secured Extendible Revolving Facility. Kiwetinohk’s existing lenders, Bank of Montreal as agent and co-leads ATB Financial and National Bank of Canada, have completed their semi-annual...
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December 14, 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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Pipestone Energy Corp. successfully increased its Reserve Based Loan (“RBL” or “Credit Facility”) to $280 million, from $225 million previously. The Credit Facility upsize is driven by Pipestone’s efficient execution of its organic development...
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November 01, 2021, 07:14 AM
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Stingray Group, a leading music, media and technology company, successfully completed the increase and extension of its existing credit facilities, providing additional liquidity for operations and M&A activities. The $442.5 million credit facilities...
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October 19, 2021, 07:34 AM
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Sandstorm Gold increased its revolving credit agreement allowing the Company to borrow up to $350 million, incorporating sustainability-linked performance targets to establish an Environment, Social, and Governance ("ESG") linked credit facility...
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October 07, 2021, 07:22 AM
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AirBoss of America updated its senior secured credit facilities with an expanded syndicate of major banks to increase the available size, extend the maturity date, and provide the Company with improved terms, lower pricing and increased flexibility....
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September 24, 2021, 07:51 AM
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Maverix Metals amended its revolving credit facility and increased the amount available by $40 million to $160 million.The amounts drawn on the Credit Facility are subject to interest at LIBOR plus 1.875% to 3.0% per annum, and the undrawn portion of...
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September 03, 2021, 07:29 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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Haivision Systems, a leading global provider of mission-critical, real-time video streaming and networking solutions, entered into a three-year credit agreement providing for a new revolving line credit facility in the maximum principal amount of $35...
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August 23, 2021, 07:55 AM
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The Lion Electric Company, a leading manufacturer of all-electric medium and heavy-duty urban vehicles, entered into a credit agreement providing for a new revolving credit facility in the maximum principal amount of US$100,000,000, with a syndicate...
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August 12, 2021, 07:30 AM
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Peerage Realty Partners completed approximately C$175 million (USD$139.2 million), three-year revolving credit facilities.The revolving credit facilities also provide access to additional financing of approximately C$75 million on an uncommitted...
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August 10, 2021, 07:00 AM
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Ceres Global Ag entered into a five-year senior secured $50 million term debt credit facility with the Bank of Montreal that includes a $30 million term loan draw that will be used to retire the Company's term loan with Bixby Bridge Fund IV, LLC...
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June 15, 2021, 07:15 AM
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Dorel Industries and several of its subsidiaries have entered into a new $450 million senior secured asset based revolving financing with institutional lenders led by Bank of Montreal as lead arranger, administrative agent and sole bookrunner. The...
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June 14, 2021, 07:45 AM
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SSR Mining amended its existing undrawn revolving credit facility on favorable terms, increasing the Facility size from US$75 million to US$200 million. The new Facility includes an upsized accordion feature from US$25 million to US$100 million and...
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June 08, 2021, 07:45 AM
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Enviva Partners amended and restated its senior secured revolving credit facility. The transaction closed on April 16, 2021. Barclays is Administrative Agent and Collateral Agent on the Amended & Restated Credit Facility and, together with Bank of...
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April 20, 2021, 07:15 AM
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SmartStop Self Storage REIT entered into a multi-currency credit facility of up to $500 million with a syndicate of banks led by KeyBank National Association, Wells Fargo, N.A., Citibank, N.A. and Bank of Montreal. The facility consists of a $250...
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March 18, 2021, 07:30 AM
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On December 31, 2020, SunOpta Inc. entered into a five-year credit agreement for a senior secured asset-based revolving credit facility in the maximum aggregate principal amount of $250 million, subject to borrowing base capacity. In addition, as...
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January 11, 2021, 06:00 AM
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Victoria Gold Corp. entered into a credit agreement with a syndicate of banks, comprised of Bank of Montreal, as Joint Bookrunner, Co-Lead Arranger and Administrative Agent, CIBC, as Joint Bookrunner and Co-Lead Arranger, and BNP Paribas, as Co-Lead...
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December 22, 2020, 08:00 AM
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The Merchant Opportunities Fund, a Vancouver-based diversified credit opportunities fund focused on prudently compounding capital over the long-term, today announced that it has closed a revolving debt facility with the Bank of Montreal ("BMO"). The...
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November 25, 2020, 08:55 AM
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Black Diamond Group Limited announced that the Company has agreed to terms with respect to a four-year secured asset-based revolving credit facility (“Facility”). The Facility is expected to close within the next week and is subject to customary...
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October 28, 2019, 08:00 AM
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WeedMD Inc., a federally-licensed producer and distributor of medical-grade cannabis, announced that it has entered into a credit facility with Bank of Montreal (BMO). Under the terms of the credit facility, BMO will provide WeedMD up to $39 million...
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April 01, 2019, 09:05 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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Chartwell Retirement Residences announced that it has entered into agreements with a syndicate of Canadian financial institutions, led by Bank of Montreal and The Toronto-Dominion Bank, for two new credit facilities totalling $300 million with...
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May 30, 2017, 07:10 AM
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Resolute Energy Corporation closed on its amended and restated revolving credit facility, with an initial borrowing base of $150 million, an increase from the previous level of $105 million. In addition, the maturity date of the facility was extended...
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February 24, 2017, 07:13 AM
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Ares Capital Corporation announced that it has increased its total borrowing capacity in conjunction with the closing of its previously announced acquisition of American Capital, Ltd. Ares Capital increased its total debt facility capacity from $2.2...
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January 05, 2017, 10:00 AM
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Blue Bird Corporation, the leading independent designer and manufacturer of school buses, announced it has successfully refinanced its $160 million term loan and $75 million revolving line of credit.The new credit facility, led by Bank of Montreal as...
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December 16, 2016, 07:30 AM
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Intrepid Potash, Inc. announced it has reached an agreement with its noteholders to amend the terms of its senior notes. Concurrently, Intrepid entered an asset-based revolving credit agreement with Bank of Montreal that provides for borrowings of...
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November 01, 2016, 07:36 AM
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Tucows Inc. announced that it has entered into a new, syndicated five-year secured credit agreement for up to $75 million, inclusive of a $15 million accordion facility (the "2016 Credit Facility"), with Bank of Montreal ("BMO") and Royal Bank of...
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August 19, 2016, 07:34 AM
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Catalyst Paper Corporation announced the amendment of its asset-based lending credit facility. The amendment included an increase of the maximum revolving credit commitments by $25 million to $250 million. The ABL facility lenders are CIBC as...
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May 10, 2016, 07:33 AM
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SunOpta Inc., a leading global company focused on organic, non-genetically modified and specialty foods, entered into a new five-year credit agreement for a senior secured asset-based revolving credit facility in the maximum aggregate principal...
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February 12, 2016, 07:51 AM
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CDI Corp. entered into a new secured credit agreement providing for up to $150 million in revolving loans. Bank of America, N.A., acted as administrative agent, joint lead arranger and joint book-runner. Bank of Montreal acted as joint lead arranger...
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November 05, 2015, 07:57 AM
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Supremex Inc., Canada's largest manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, entered into a five-year committed $50 million senior secured revolving facility...
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October 08, 2015, 07:22 AM
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Silver Standard Resources announced the closing of a new $75 million senior secured revolving credit facility. The Canadian Imperial Bank of Commerce acted as the sole lead arranger, sole bookrunner and as administrative agent in connection with the...
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August 05, 2015, 07:08 AM
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Resolute Forest Products Inc. has entered into a new five-year credit agreement for a senior secured asset-based revolving credit facility with an aggregate lender commitment of up to $600 million at any time outstanding, subject to borrowing base...
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May 27, 2015, 07:46 AM
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Pan American Silver Corp. has entered into a new senior secured revolving credit facility with a syndicate of eight lenders.The Facility is a $300 million secured revolving line of credit that matures on April 15, 2019 and is intended for general...
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April 16, 2015, 07:15 AM
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Tricon Capital Group Inc., an asset manager and principal investor focused on the residential real estate industry in North America, announced it has increased its corporate revolving credit facility to $175 million from $105 million with RBC Capital...
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March 03, 2015, 07:26 AM
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Westmoreland Coal Company announced it has amended its term loan credit agreement with the Bank of Montreal, as administrative agent, to increase Westmoreland’s term loan by $75 million, for an aggregate principal term loan amount of $425 million....
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January 28, 2015, 07:23 AM
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Petrowest Corporation has entered into a new three-year credit agreement with Bank of Montreal and a syndicate comprised of Royal Bank of Canada, ATB Financial and Canadian Western Bank (the "New Facility"). The new facility includes a $50 million...
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January 26, 2015, 07:14 AM
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Imperial Metals Corporation has completed a new $50 million revolving second lien secured credit facility with the Bank of Montreal maturing on April 1, 2017. The terms and conditions of the credit facility are modelled after the $200 million senior...
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January 20, 2015, 07:19 AM
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Healthcare Trust of America, Inc. announced it had closed a new $1.1 billion senior unsecured credit facility consisting of a $800 million, five-year revolving credit facility and a $300 million term loan. The credit facility refinances the existing...
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November 21, 2014, 07:07 AM
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MDC Partners Inc. and its subsidiaries have entered into an increase and amendment of its revolving credit facility. Among other benefits, the amendment: (i) expands the commitments under the facility by $100 million, from $225 million to $325...
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October 24, 2014, 07:43 AM
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Element Financial Corporation has expanded the company's existing senior credit facility to $1.6 billion with the addition of a further $100 million commitment from a U.S.-based bank. The company's senior banking facility is led by Bank of Montreal...
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October 24, 2014, 07:11 AM
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New Gold Inc. entered into a $300 million revolving credit facility with a syndicate of banks led by The Bank of Nova Scotia and RBC Capital Markets (the "Facility"). The Facility has a term of four years and replaces the company's previous $150...
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August 15, 2014, 07:38 AM
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Boralex Inc. has completed the refinancing of its corporate revolving credit facility for an amount of C$130 million and improves its financial flexibility. Boralex also announces the reimbursement of its C$35 million loan maturing on July 9...
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June 30, 2014, 07:08 AM
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Taiga Building Products has renewed its senior secured revolving credit facility (the "Facility") with a syndicate of lenders led by JPMorgan Chase Bank and including the Bank of Montreal, HSBC Bank, PNC Bank, Bank of Nova Scotia and TD Bank. The...
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November 26, 2013, 11:28 AM
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Village Farms International, Inc. announced today ithas entered into a new CAD $10.0 million asset based lending operating facility with Bank of Montreal. The facility is for a three-year term and is subject to certain positive and negative covenants...
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September 04, 2013, 07:26 AM
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American Realty Capital Healthcare Trust, Inc. announced that on Jul. 24, through its operating partnership, it entered into an amended and restated credit agreement relating to its previously announced credit facility. The amended credit facility...
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July 26, 2013, 07:26 AM
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American Apparel, a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced a $15 million increase in its revolving credit facility with Capital One Leverage Finance Corp. As a part of this...
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July 09, 2013, 07:56 AM
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MDC Partners announced it entered into an amended and restated five-year $225 million revolving credit facility. An SEC 8-K filing indicates that Wells Fargo Capital Finance is serving as administrative agent. Other lenders include JP Morgan Chase...
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March 21, 2013, 07:52 AM
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Boulder Brands successfully amended its credit agreement, which was originally entered into on July 2, 2012. An SEC 8-K filing indicates that the Bank of Montreal, Chicago Branch is serving as administrative agent on the agreement.
The amendment...
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March 19, 2013, 07:09 AM
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ICV Partners announced that its portfolio company SAFE Security successfully completed the refinancing of its existing senior credit facility with a new $130 million debt facility led by Bank of America. The new credit facility, $55 million more than...
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March 11, 2013, 08:02 AM
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