BMO Arranges $700MM Revolver for Comstock Resources

Comstock Resources obtained commitments from a syndicate of 13 banks for a new five year reserve-based revolving credit facility with an initial borrowing base of $700 million. BMO Capital Markets arranged the facility.

BMO to Provide $200MM Debt Facility to Aurora Cannabis

Bank of Montreal agreed to provide a new $200 million debt facility, with a potential upsize to $250 million, to Aurora Cannabis. The facility will consist of a $150 million term loan and a $50 million revolver.

CIBC, Others Lead Northland Power New $1.25B Facility

Northland Power entered into a $1.25 billion credit facility with a syndicate of 12 financial institutions led by Canadian Imperial Bank of Commerce, Bank of Montreal and National Bank Financial.

BMO to Provide $2MM Credit Facility to GreenPower

GreenPower Motor is closing a new $2 million credit facility with Bank of Montreal.

Bank of Montreal Agents BRP Facility Upsize to $1.3B

BRP refinanced its existing credit facilities, increasing the term loan to $900 million and the revolving credit facility to C$575 million ($446.8 million). Bank of Montreal was administrative agent.

NBC Leads $80MM Revolver for Cobalt 27

Cobalt 27 Capital entered into an $80 million revolving term credit facility led by National Bank of Canada and a syndicate of financial institutions, including Bank of Montreal and The Bank of Nova Scotia.

Scotiabank, Others Amend $75MM First Majestic Credit Facility

First Majestic Silver amended and restated its credit agreement with the Bank of Nova Scotia, Bank of Montreal and Investec Bank as lenders. The amendment included a new $75 million senior secured revolving term credit facility.

BofA, Others Support Albertsons/Rite Aid Merger

A group of lenders led by Bank of America and Merrill Lynch have committed to providing Albertsons with a $4.667 billion facility to support the company’s merger with Rite Aid.

BMO Agents $230MM Extreme Networks Facility

Bank of Montreal acted as administrative and collateral agent on a credit agreement – consisting of a $40 million five-year revolving credit facility and a $190 million five-year term loan – with Extreme Networks.

BofA Supports Smucker Acqusition of Ainsworth Pet Nutrition

J.M. Smucker entered into a $1.5 billion term loan credit agreement with Bank of America. The funds will be used to finance the company’s recent acquisition of Ainsworth Pet Nutrition.