LOGISTEC has successfully renegotiated its four-year revolving credit facility, increasing the amount to C$300 million ($228 million), with an option to increase the total amount to C$400 million ($303 million).
B&G Foods closed a $450 million tranche B term loan facility under its existing senior secured credit facility.
Detour Gold has amended its existing credit agreement to provide for a new $400 million senior secured revolving credit facility, with an accordion option allowing the company to increase the size of the facility by another $100 million to a total amount of $500 million.
Jones Energy is emerging from Chapter 11 bankruptcy with a prepackaged plan supported by a $225 million reserve-based credit facility led by TD Securities.
GardaWorld has entered into an amending agreement to its actual credit agreement. This incremental financing was provided by two of GardaWorld’s current lenders, Barclays Bank and TD Securities.
Scotiabank and TD Securities acted as co-lead arrangers and joint bookrunners on a $320 million credit facility for StorageVault. The funding will be used to support the company’s acquisition of Real Storage.
CIBC and TD Securities led the syndicate of banks on an amendment to Tervita’s senior secured revolving credit facility, increasing the maximum principal amount available by $75 million to $275 million.
Superior Plus increased its senior secured credit facility from $620 million to $750 million with The Bank of Nova Scotia serving as administrative agent.
SemGroup amended its credit facility to refinance the outstanding $530.75 million of senior secured term loans and repay the $60 million of revolver borrowing under that agreement.
Superior Plus entered into an agreement with NGL Energy to acquire all of the outstanding equity interest in NGL Propane, the company’s retail propane distribution business, for total cash consideration of $900 million.