Nine Banks Accused of Rigging Canadian Rate Benchmark

Reuters reported that nine banks, including Royal Bank of Canada, Bank of Montreal and the National Bank of Canada, are being sued in the U.S. for conspiring to rig a Canadian rate benchmark.

Bank of Nova Scotia Leads Trican Credit Facility Revision

Trican Well Service amended and extended its revolving credit facility with a revised, six-bank lending syndicate led by The Bank of Nova Scotia.

HSBC Agents New $450MM Revolver for TerraForm Power

TerraForm Power, a renewable energy company based in Maryland, closed a $450 million revolving credit facility with HSBC USA as administrative agent.

Pengrowth Energy Amends Covenants with RBC Led Bank Syndicate

Pengrowth Energy finalized the terms of amending its agreements with lenders under its syndicated bank facility. Royal Bank of Canada and RBC Capital Markets are serving as agent and lead arranger, respectively.

Scotiabank, BMO, TD Securities Lead $250MM Alamos Gold Upsize

Alamos Gold increased the size of its credit facility from $150 million to $400 million. Scotiabank, BMO Capital Markets and TD Securities led the transaction.

Scotiabank, Others Support Trevali Zinc Mine Acquisitions

Trevali Mining completed the acquisition of a portfolio of zinc assets from Glencore and certain of its subsidiaries. Scotiabank and SG America Securities served as co-lead arrangers for a $160 milllon term loan and a $30 million revolver to support the transaction.

JPMorgan Agents $250MM NuStar Upsize

JPMorgan Chase served as administrative agent for NuStar Logistics, which upsized its facility from $1.5 billion to $1.75 billion.

Scotiabank Agents $130MM Facility for K.A. Energy Development

Kayne Anderson Energy Development entered into a $60 million secured term loan and a $70 million secured revolving facility. The Bank of Nova Scotia served as administrative agent and syndication agent.

Siena Lending Group Closes $10MM Revolver for Integrity Delaware

Siena Lending Group completed a three-year $10 million asset-based revolving credit facility for Integrity Delaware, dba Integrity Industries.

Scotiabank Agents $120MM Facility for CES Energy Solutions

CES Energy Solutions amended its credit facility with the Bank of Nova Scotia as administrative agent.