RBC Leads $250MM Facility for Pawnee Leasing

Pawnee Leasing, the largest subsidiary of the Chesswood Group, completed a $250 million warehouse facility led by Royal Bank of Canada.

Capital One Provides $75MM ABL to Chesswood Group

Toronto-based Chesswood Group’s subsidiary Pawnee Leasing closed a new S$75 million non-recourse asset-backed facility with Capital One. This is the company’s first U.S.-based securitization.

RBC-Led Group Provides $50MM to Support Chesswood Growth

The Chesswood Group has exercised the $50 million accordion feature in its existing revolver with a bank syndicate led by Royal Bank of Canada to support the continued growth of its Pawnee Leasing portfolio.

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.