Extendicare entered into a new senior secured credit facility for $275.0 million with a syndicate of Canadian chartered banks, for a term of three years. Canadian Imperial Bank of Commerce is the Administrative Agent, while CIBC and Bank of Montreal...
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November 12, 2024, 08:10 AM
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Sound Point Meridian Capital, a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended, entered into a $100 million “net asset value” revolving credit facility with...
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July 11, 2024, 07:04 AM
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Capstone Copper amended its existing revolving credit facility to increase the aggregate commitments from $600 million to $700 million and extend the maturity from May 2026 to September 2027. The Amended Credit Facility will bear interest on a...
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September 25, 2023, 07:50 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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Converge Technology Solutions refinanced its existing $300 million ABL credit facility with a new five-year $500 million global revolving credit facility led by J.P. Morgan and Canadian Imperial Bank of Commerce as joint lead arrangers, with the Bank...
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July 29, 2022, 07:50 AM
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Capstone Copper closed the amendment and extension of the Capstone corporate revolving credit facility ("RCF") from $225 million to $500 million plus $100 million accordion and extended the RCF by four years to May 12, 2026. Upon closing of the RCF...
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July 25, 2022, 07:39 AM
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CEMATRIX Corporation entered into a new credit facility that provides for a $5 million secured revolving operating line with the Canadian Imperial Bank of Commerce (“CIBC”). The credit facility is undrawn as of today’s date.“We are very pleased to...
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February 09, 2022, 07:05 AM
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Cannara Biotech, a vertically integrated producer of premium-grade cannabis and derivative products with two mega cultivation facilities based in Québec spanning over 1,650,000 sq. ft., announced the refinancing and upsizing of its current bank...
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December 02, 2021, 07:50 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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Mullen Group Ltd. entered into a new credit agreement with Canadian Imperial Bank of Commerce ("CIBC"). The CIBC Credit Facility is a $100.0 million revolving demand credit facility to finance the Corporation's general operating requirements...
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October 01, 2021, 07:07 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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RF Capital Group secured a $200 million revolving credit facility with a syndicate of lenders. The initial authorized principal of the facility is $125 million. The Facility also includes an accordion provision that will enable the Company to request...
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September 13, 2021, 07:50 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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Nomad Royalty Company secured commitments with The Bank of Nova Scotia ("Scotia"), Canadian Imperial Bank of Commerce ("CIBC") and The Royal Bank of Canada ("RBC") to increase its revolving credit facility to US$125 million with the option to...
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August 30, 2021, 07:45 AM
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GURU Organic Energy, Canada’s leading organic energy drink brand, entered into a three-year committed $10 million credit facility with the Canadian Imperial Bank of Commerce (“CIBC”), replacing its current facilities.“This credit facility with...
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April 22, 2021, 07:28 AM
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Nomad Royalty Company Ltd. announced that it has entered into an agreement with The Bank of Nova Scotia, Canadian Imperial Bank of Commerce (CIBC) and The Royal Bank of Canada (RBC) for a $US50 million revolving credit facility with the option to...
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July 15, 2020, 08:50 AM
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Shaw Communications Inc. announced that it has amended the terms of its five-year $1.5 billion bank credit facility with its syndicate of ten financial institutions, including TD Securities as lead arranger and sole bookrunner, Canadian Imperial Bank...
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December 19, 2016, 07:07 AM
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Telesat Canada issued U.S.$500.0 million in aggregate principal amount of 8.875% senior notes due 2024, which mature on November 17, 2024. Concurrently, Telesat announced its entry into a new amended and restated credit agreement. The new amended and...
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November 21, 2016, 07:37 AM
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FTI Consulting announced that on July 14, 2016, the Board of Directors of FTI Consulting elected Ajay Sabherwal as Chief Financial Officer. Sabherwal will commence his employment on August 15, 2016. He will serve as a member of the Executive...
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July 19, 2016, 07:32 AM
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Leading global professional services firm Alvarez & Marsal (A&M) has expanded its restructuring practice with the addition of Michael Stewart who joins as a Managing Director in Toronto, Canada. Stewart brings nearly 20 years of experience in...
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July 15, 2016, 07:23 AM
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Cervus Equipment Corp. has entered into an amended and extended revolving credit facility with its existing syndicate of underwriters led by The Toronto-Dominion Bank and including Canadian Imperial Bank of Commerce and Wells Fargo. The principal...
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December 22, 2015, 07:13 AM
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