Scotiabank Provides $33MM Refi Facility to CRH Medical
CRH Medical said it entered into an agreement with Scotiabank for a $33 million senior secured revolver that will replace existing debt and assist in the financing of future acquisitions.
CRH Medical said it entered into an agreement with Scotiabank for a $33 million senior secured revolver that will replace existing debt and assist in the financing of future acquisitions.
SOCAR Trading said it has signed a $150 million revolving credit facility arranged by Rabobank and Societe Generale as mandated lead arrangers. Rabobank was said to be the facility agent.
Mercuria Energy Group announced the signing of credit facilities in the amount of $1.1 billion that was joined by a group of 27 banks.
Pakistan International Airlines closed a $120 million secured syndicated Islamic facility. Citibank and Mashreqbankpsc acted as joint lead arrangers, bookrunners and coordinators for the facility.
The Royal Bank of Scotland appointed Agness Nairn as the head of its Asset-Based lending team in Scotland.
Avigilon increased its existing syndicated credit facility from $200 million to $240 million. HSBC Bank Canada acted as lead arranger, sole book runner and administrative agent for the facility upsize.
Insider Media reported that UK-based specialty lender Amicus Finance will launch a new commercial finance business targeting the small business and professional services communities.
The Irish Times reported that Hibernia announced a new €400 million ($429.1 million) revolving credit facility with Bank of Ireland Corporate Banking, Barclays Bank Ireland and Ulster Bank.
Orbite Technologies said it completed a secured debt financing up to $16.95 million encompassing a $6.5 million revolver and two term loans totaling $10.45 million with MidCap Financial.
Avivagen announced an agreement with Bloom Burton Healthcare Lending Trust for a second drawdown credit facility of up to $1.8 million. The deal includes warrants to purchase common shares.