TD Securities Agents Financing for Syntax Acquisition

Syntax Systems acquired Core Services to create a North American technology services firm offering cloud managed services. TD Securities served as administrative agent and joint bookrunner and joint lead arranger with National Bank of Canada for the senior secured credit facilities.

Chesswood Exercises Accordion Feature with RBC-Led Bank Group

Chesswood Group exercised $30 million of the $80 million accordion feature in its existing revolver with a group of banks led by Royal Bank of Canada.

RBC-led Syndicate Upsizes Cargojet Facility by $100MM

Cargojet amended its syndicated banking facility to increase its revolving credit facility from $175 million to $200 million and add a $75 million term loan facility. RBC led the bank syndicate for the transaction.

NBC, Deutsche Lead $250MM Facility for IAMGOLD

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.

RBC-Led Bank Group Expands Chesswood Facility to $170MM

Chesswood Group expanded and renewed its revolving credit facility with a syndicate of six banks led by the Royal Bank of Canada.

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.

National Bank of Canada Invests $1.3B in Lending Club

Lending Club secured up to $1.3 billion from a subsidiary of the National Bank of Canada to be deployed on its online platform over the next 12 months.

JPMorgan Provides $15MM to Just Energy Facility

JPMorgan joined the Just Energy credit facility as a lender with a commitment of $15 million. This commitment increases the line under the company’s accordion to $292.5 million.

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.

NBC Provides New $14.5MM AlliancePharma Facility to Support Acquisitions

AlliancePharma entered into a new credit facility of approximately $14.5 million with National Bank of Canada.