RBC Upsizes Ackroo Revolving L/C to $350K

Ackroo received approval from the Royal Bank of Canada, in cooperation with Export Development Canada, to increase its current revolving line of credit from $200,000 to $350,000.

HSBC Provides $17MM Acquisition Credit to Covalon Technologies

HSBC Bank provided an up to $17 million acquisition and operating banking credit facility to Covalon Technologies.

Scotiabank, ING Upsize Altius Facility to $225MM

Altius Minerals amended its existing credit facility to refinance its existing term and revolver debt. Bank of Nova Scotia and ING Capital led the refinancing, with TD Bank and Export Development Canada participating.

Wells Fargo Agents $300MM Facility for IMAX

IMAX entered into a new five-year, $300 million senior secured revolving credit facility. Wells Fargo acted as agent on the transaction.

Alberta Treasury Agents $20MM Cathedral Credit Facility

Cathedral Energy Services entered into a new credit facility, with Alberta Treasury Branches serving as agent and lender and Export Development Canada acting solely as lender.

Citi, Mizuho Bank Lead Sasol Upsize to $3.9B

Sasol, a South African chemicals and energy company, increased its existing revolving credit facility from $1.5 billion to $3.9 billion.

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.

GE Energy Financial Secures Financing for Power Projects in Argentina

GE Energy Financial Services and UPF Energia Elctrica have secured $220 million of project financing for two jointly owned thermal power projects in Argentina. Citi, Credit Suisse and EDC led the financing.

Scotiabank Downsizes Capstone Mining Facility

Capstone Mining amended its credit facility, extending the maturity date and reduced funds available to $350 million, with a $25 million annual reduction. The Bank of Nova Scotia was administrative agent.