Scotiabank Leads Phoenix Tower $485MM Term Loan

Phoenix Tower International, a wireless communications infrastructure provider, closed a $485 million senior secured term loan facility to continue its international expansion.

Scotiabank, Mizuho to Provide $665MM LoC to Ecopetrol

Ecopetrol plans to sign a contingent line of credit for $665 million with Scotiabank ($430 million) and Mizuho Bank ($235 million) as part of its integral debt management strategy.

Scotiabank, ING Upsize Altius Facility to $225MM

Altius Minerals amended its existing credit facility to refinance its existing term and revolver debt. Bank of Nova Scotia and ING Capital led the refinancing, with TD Bank and Export Development Canada participating.

Scotiabank Upsizes Superior Plus Facility to $750MM

Superior Plus increased its senior secured credit facility from $620 million to $750 million with The Bank of Nova Scotia serving as administrative agent.

Scotiabank Increases Las Vegas Sands Term Loan by $1.35B

Resort company Las Vegas Sands increased its term loan by $1.35 billion. The Bank of Nova Scotia acted as administrative agent and collateral agent on the transaction.

Viswanathan Named Scotiabank Acting CFO

Scotiabank Group Head and Chief Financial Officer Sean McGuckin will take a leave of absence. Senior Vice President and Chief Accountant Rajagopal (Raj) Viswanathan will step in as acting chief financial officer, effective immediately.

Scotiabank Agents Gulfport Facility Amendment

Gulfport Energy amended its secured revolving credit facility with The Bank of Nova Scotia as administrative agent.

Scotiabank, Others Amend $75MM First Majestic Credit Facility

First Majestic Silver amended and restated its credit agreement with the Bank of Nova Scotia, Bank of Montreal and Investec Bank as lenders. The amendment included a new $75 million senior secured revolving term credit facility.

RBC Supports Civeo Acquisition of Noralta

Civeo completed its acquisition of 100% of the equity interests of Noralta Lodge. Royal Bank of Canada served as administrative agent for an amendment to Civeo’s credit facility to support the transaction.

Scotiabank Leads New AutoCanada Credit Facility

AutoCanada entered into a new credit agreement providing secured credit facilities of up to $1.08 billion, subject to certain conditions precedent to funding. Scotiabank led the facility, with CIBC, RBC, HSBC and ATB participating in the syndicate.