Seven Generations Energy has expanded its existing senior secured credit facility to $850 million. This increase was provided by a syndicate of 10 financial institutions lead by the Royal Bank of Canada.
Journey Energy has completed its semi-annual review of its revolving credit facility that has been set at $140 million, a decrease from $205 million. Bank of Montreal served as administrative agent for the lender group.
AutoCanada entered into an amended and restated credit agreement with HSBC Bank Canada, Alberta Treasury Branches and Royal Bank of Canada, with HSBC Bank Canada acting as administrative agent for the lenders.
CWC Well Services announced it has renewed and amended its extendable revolver, which has been increased to $75 million, from a syndicate of lenders, arranged by Alberta Treasury Branches as lead arranger.