TD Bank Names Gaspo Regional VP for Upstate New York

James P. Gaspo joined TD Bank as regional vice president, Commercial Banking for the Greater Capital Region of New York. Based in Albany, he will lead a team of commercial banking professionals serving the needs of businesses across Upstate New York.

TD Bank Names Miceli Regional President, Florida

TD Bank appointed Nick Miceli regional president, Florida. Miceli will oversee TD Bank’s commercial, retail, small business, specialty banking operations and lending services throughout the state. Miceli will lead TD’s state-wide Commercial and Retail businesses

NBC Supports Whitecap Acquisition of World Class Enhanced Oil Recovery

Whitecap Resources entered into an agreement to purchase light oil assets in Southeast Saskatchewan for $940 million. National Bank of Canada served as administrative agent for an increase of the company’s facility to $1.7 billion to support the purchase.

National Bank of Canada Upsizes Osisko Credit Facility to $450MM

Osisko Gold Royalties amended its revolving credit facility, increasing the amount from $150 million to $350 million, with an additional uncommitted accordion of up to $100 million.

Opportunities and Challenges: Asset-Based Lending in 2018

The digital world has transformed every aspect of our lives. Some of us still remember pasting photographs into albums and racing to answer the telephone mounted on the wall — picking up the receiver without knowing who was on the other end of the line. Technology has changed asset-based lending in ways no one could have predicted 20 years ago. ABF Journal contributor Hugh Larratt-Smith explores the evolving ABL landscape and evaluates the impact these changes will have in 2018.

TD Bank, BMO, Others Upsize Innergex Revolver to $475MM

Innergex Renewable Energy increased its revolving credit facility to $475 million from $425 million. TD Securities and BMO Capital Markets were lead arrangers.

TD Bank Names Bambawale Chief Risk Officer

TD Bank Group appointed Ajai Bambawale to replace retiring Mark Chauvin as chief risk officer.

TD Bank Completes Scottrade Acquisition

TD Bank completed its acquisition of Scottrade Bank for cash consideration equal to approximately $1.4 billion.

BofA Agents $600MM Revolver for Varian Medical Systems

Varian Medical Systems terminated its August 27, 2013 credit facility and replaced it with a $600 million revolver with Bank of America as administrative agent.

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.