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Equitable Bank Completes Acquisition of Concentra Bank

Equitable Bank, a wholly-owned subsidiary of EQB, completed the acquisition of Concentra Bank for a premium of $35.7 million to its $459.7 million book value of common equity, subject to final standard closing purchase price adjustments.

BMO, CIBC, Concentra Increase PharmHouse’s Debt Facility by $10MM

The Bank of Montreal, the Canadian Imperial Bank of Commerce and Concentra Bank amended PharmHouse’s syndicated credit facility to provide an additional $10 million of secured debt financing. BMO acted as agent and lead lender for the facility.

BMO Agents $60.2MM Debt Facility for Cannabis Producer PharmHouse

BMO acted as agent and lead lender on C$80 million ($60.2 million) in secured debt financing for Canopy Rivers’ joint venture, PharmHouse. CIBC and Concentra Bank also participated as lenders on the facility.

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Tag Archives: Concentra Bank

Equitable Bank Completes Acquisition of Concentra Bank

BMO, CIBC, Concentra Increase PharmHouse’s Debt Facility by $10MM

BMO Agents $60.2MM Debt Facility for Cannabis Producer PharmHouse