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.
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.
Sasol, a South African chemicals and energy company, increased its existing revolving credit facility from $1.5 billion to $3.9 billion.
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.
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 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.
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.
IAMGOLD secured additional commitments from a syndicate of lenders to increase its existing revolving credit facility to $250 million. The syndicate was led by National Bank of Canada and Deutsche Bank.
Just Energy Group increased the capacity of its credit facility by C$50 million ($37.2 million) to C$342.5 million ($254.8 million) via a letter of credit provided by Canadian Imperial Bank of Commerce.
Microbix Biosystems arranged a new secured revolving credit facility jointly with TD Bank and Export Development Canada.
Richie Bros. Auctioneers closed a $1 billion credit facility to partially fund its IronPlanet acquisition and provide the company with enhanced financial flexibility. Bank of America served as administrative agent.