BMO Launches Climate Financing Program in U.S.
BMO launched its Greener Future Financing program in the U.S. The program is a climate financing program designed to help small and medium-sized businesses build climate-resilient operations.
BMO launched its Greener Future Financing program in the U.S. The program is a climate financing program designed to help small and medium-sized businesses build climate-resilient operations.
AirBoss of America amended its senior secured revolving credit facility, downsizing the facility from $250 million to $150 million in 2024 and 2025, among other changes. TD Bank remains the sole lead arranger for the facility.
Lumine Group, an acquirer of communications and media software companies, entered into a $310 million revolving credit facility with a syndicate of Canadian and U.S. financial institutions led by BMO.
SmartStop Self Storage REIT entered into an amended and restated multi-currency revolving credit facility of up to $650 million with a syndicate of banks led by KeyBank, BMO, JPMorgan Chase, M&T Bank, Truist and Wells Fargo.
Auxly Cannabis Group, a consumer packaged goods company in the cannabis products market, signed a definitive agreement to amend and restate the credit facility between its wholly-owned subsidiary, Auxly Leamington, and a syndicate of lenders led by the BMO.
Digital healthcare company WELL Health Technologies closed the refinancing of a $300 million credit facility for its subsidiary, WELL Health USA, led by JPMorgan Chase Bank.
Auxly Cannabis Group signed a non-binding term sheet to amend and restate the credit facility between its wholly-owned subsidiary, Auxly Leamington, and a syndicate of lenders, led by the BMO as administrative agent.
Sterling Infrastructure received an amendment to its 2019 credit agreement that extends the maturity of the credit facility by 18 months to April 2026. The credit agreement amendment was led by BMO Capital Markets as joint lead arranger and joint book runner.
Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal is proud to present its second annual Deals of the Year listing to provide a more in-depth look at some of the most intriguing and impactful transactions of 2023.
KKR announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle loans from BMO Bank National Association, part of BMO Financial Group.