CIBC Provides $18.75MM Term Loan to Profound Medical

Profound Medical entered a term loan agreement for up to $18.75 million in available borrowing capacity with CIBC Innovation Banking.

CIBC Adds Williams to Chicago ABL Team

Mike Williams joined CIBC as managing director in Chicago. He will be responsible for business development in the Midwest for asset-based lending.

TD, CIBC Provide $400MM to Support Superior Plus NGL Buy

Superior Plus entered into an agreement with NGL Energy to acquire all of the outstanding equity interest in NGL Propane, the company’s retail propane distribution business, for total cash consideration of $900 million.

BOKF Agents $200MM Revolver for Superior Pipeline

Superior Pipeline entered into a credit agreement with BOKF, formerly Bank of Oklahoma, as administrative agent for a five-year, $200 million senior secured revolving credit facility.

J.C. Flowers Completes Acquisition of Jefferson Capital

Private investment firm J.C. Flowers completed its acquisition of Jefferson Capital International from Flexpoint Ford.

Scotiabank Leads New AutoCanada Credit Facility

AutoCanada entered into a new credit agreement providing secured credit facilities of up to $1.08 billion, subject to certain conditions precedent to funding. Scotiabank led the facility, with CIBC, RBC, HSBC and ATB participating in the syndicate.

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.

CIBC Upsizes IntriCon Facility to $6.5MM

IntriCon amended its credit facilities with CIBC Bank USA, increasing the term loan to $6.5 million and extending the maturity date to December 2002.

CIBC Provides $10MM Senior Financing to UMW Recycling

The Canadian Imperial Bank of Commerce provided a $10 million credit facility to Salt Lake City-based UMW Recycling.

BMO Provides New Facility Up to $30MM for Diamond Estates Wine

Diamond Estates Wines & Spirits closed a new credit facility with the Bank of Montreal, replacing its previous facility with Canadian Imperial Bank of Commerce and Meridian Credit Union.