HSBC Agents $20MM Downsize on Western Energy Revolver

HSBC Bank Canada served as administrative agent, lead arranger and sole bookrunner on amendments which reduced the commitment on Western Energy’s syndicated revolving first lien credit facility from $70 million to $50 million.

Scotiabank Agents $275MM Revolver for Trevali

Trevali Mining amended its credit agreement with a syndicate of lenders for a $275 million revolving credit facility. The new facility replaces the $160 million term loan facility and the $30 million revolving facility entered into in August 2017.

Scotia Bank Agents $292MM Revolver for Accord Financial

Accord Financial signed a new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The Bank of Nova Scotia acted as administrative agent, sole arranger and sole bookrunner on the transaction.

CIBC, NBC Lead Just Energy Refi

Just Energy Group renegotiated an agreement with a syndicate of lenders to increase its credit facility to $352.5 million. Canadian Imperial Bank of Commerce and National Bank of Canada were joint lead arrangers.

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.

HSBC Leads $225MM Total Energy Services Facility

Total Energy Services closed $225 million of revolving credit facilities with a syndicate of lenders led by HSBC Bank Canada.

Citizens Agents $500MM Mitel Facility

Enterprise communications company Mitel closed a $500 million credit facility with a syndicate of banks led by Citizens Bank as administrative agent.

BofA Agents $1B Facility to Support Ritchie Bros. Acquisition

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.

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.