HSBC Agents New $450MM Revolver for TerraForm Power

TerraForm Power, a renewable energy company based in Maryland, closed a $450 million revolving credit facility with HSBC USA as administrative agent.

Citizens, BMO, Others Support Mitel Acquisition of ShoreTel

Citizens Bank served as administrative agent for $300 million in new financing for business communications provider Mitel to acquire ShoreTel.

National Bank of Canada, Others Downsize Essential Energy Facility

Essential Energy Services has entered into a renewed credit facility agreement with a syndicate of lenders, including National Bank of Canada, TD Bank, HSBC Bank Canada and Canadian Western Bank. The facility was reduced to $40 million from $100 million.

HSBC Canada Provides C$5.27MM Credit Facility for Luxor Industries

Luxor Industrial finalized a C$5.275 million ($4.21 million) credit facility with HSBC Canada.

PHX Energy Cuts C$20MM from HSBC Canada Led Lender Facility

PHX Energy Services provided notice to its lead agent, HSBC Canada, on behalf of its lenders under its syndicated credit facility to voluntarily reduce in part the unutilized portion of the facility from C$90 million to C$70 million.