EDC Provides New $9MM Term Loan to Hydrogenics

Hydrogenics entered into a credit agreement with Export Development Canada for a five-year $9 million term loan.

Scotiabank, NBF Downsize Cathedral Energy Facility

Cathedral Energy Services amended its credit facility with The Bank of Nova Scotia and National Bank of Canada. Export Development Canada has joined Cathedral’s banking syndicate.

Scotiabank Supports Gran Tierra Acquisition of PetroLatina

Gran Tierra Energy completed the acquisition of PetroLatina Energy for a purchase price of approximately $525 million. Scotiabank agented a $130 million term loan to support the transaction.

Export Development Canada Expands Enablence Facility to $3.9MM

Enablence Technologies expanded its relationship with Export Development Canada by increasing the size of its senior loan facility from $2.3 million to $3.9 million.

HSBC Leads Eldorado $250MM Revolver Renewal

Eldorado Gold has renewed its $250 million revolving credit facility. HSBC Securities served as lead arranger and sole bookrunner for the transaction.

Paul Hastings Represents Nemak in $300MM Facility Following IPO

Paul Hastings represented Nemak, a global independent manufacturer of high-tech, complex aluminum components for the automotive industry, in a $300 million term loan facility.

Scotiabank Agents New Gran Tierra Credit Facility

Gran Tierra Energy secured a credit facility of up to $500 million from a syndicate led by Scotiabank, as admin agent, and Scotiabank and Societe Generale as joint lead arrangers and joint bookrunners.

TD Bank Agents New $115MM Macro Enterprises Facility

Macro Enterprises closed a new $115 million senior credit facility with a syndicate of lenders led by TD Bank as lead arranger, sole bookrunner and administration agent.

Comerica Bank, Export Development Amend DragonWave Facilities

DragonWave announced it amended its facilities with Comerica Bank and Export Development Canada. The maximum amount of credit available under the amended ABL increased from $20 million to $40 million.

Wells Fargo, Others Expand IMAX Facility to $200MM

IMAX entered into an amended senior secured credit facility for up to $200 million with Wells Fargo Bank. Other banks that participated in the transaction were Export Development Canada, Canadian Imperial Bank of Commerce, Royal Bank of Canada, HSBC Canada and the National Bank of Canada.