CIBC, NBC Provide Upsize Maverix $120MM Facility
Maverix Metals has completed the increase to its revolving credit facility, allowing the company to borrow up to $120 million.
Maverix Metals has completed the increase to its revolving credit facility, allowing the company to borrow up to $120 million.
Lundin Mining amended its credit agreement, increasing its secured revolving credit facility to $800 million with a $200 million accordion option.
Delphi Energy extended its $105 million senior credit facility. Alberta Treasury Branches led the transaction.
Internet provider Telenet closed a €60 million ($67.2 million) revolving credit facility with the Bank of Nova Scotia as facility agent.
Delphi Energy has extended the term out date of its $105 million senior secured credit facility to June 14, 2019. The bank syndicate is led by Alberta Treasury Branches and includes The Bank of Nova Scotia and Bank of Montreal.
Cobalt 27 Capital will acquire all the issued share capital of Highlands Pacific. Cobalt closed an amended term loan for $100 million with National Bank of Canada as administrative agent.
Equinox Gold has converted its $100 million Mesquite acquisition facility into a senior secured $130 million corporate revolving credit facility with the existing syndicate of lenders led by the Bank of Nova Scotia.
Pan American Silver increased its revolver by $200 million to $500 million. The facility was led by The Bank of Nova Scotia and the Canadian Imperial Bank of Commerce as joint lead arrangers and joint bookrunners.
The Bank of Nova Scotia acted as lead arranger, sole bookrunner and administrative agent on an amendment to Trican Well Service’s revolving credit facility, including an upsize from $227.3 million to $275 million.
NFI Group, the largest bus and motor coach manufacturer and parts distributor in North America, entered into a revolving credit facility with a total borrowing limit of $1 billion, which includes a $100 million letter of credit facility.