ATB Financial Provides $25MM Non-Dilutive Credit Facility to High Tide

High Tide, a retail-focused cannabis company, entered into a credit agreement to establish a revolving credit facility with ATB Financial in an amount of up to $25 million and comprised of an initial $10 million limit and $15 million accordion with an expected interest rate of under 6% per annum.

October 18, 2021 ATB Financial | High Tide | Raj Grover Ian Koplin

Connect First Credit Union Provides Decibel with Non-Dilutive $30 Million Debt Financing

Connect First Credit Union provided $30 million in debt capital facilities to Decibel Cannabis Company. The facilities consist of $28.5 million of term debt and a $1.5 million authorized overdraft against government receivables.

January 4, 2021 ATB Financial | Cody Church | Connect First Credit Union | Decibel Cannabis Company | Stuart Boucher Phil Neuffer

National Bank of Canada, ATB, Canadian Western Bank Amend Essential Energy Facility

National Bank of Canada, ATB Financial and Canadian Western Bank amended Essential Energy Services’ credit facility agreement, which provides an extension of the maturity date of the revolving secured credit facility along with revisions to certain terms and conditions.

July 10, 2020 ATB Financial | Canadian Western Bank | Essential Energy Services | National Bank of Canada Phil Neuffer

National Bank Financial-Led Syndicate Maintains Pipestone’s Credit Facility Capacity

National Bank Financial, Bank of Montreal, ATB Financial and Canadian Western Bank redetermined Pipestone Energy’s $225 million reserve-based loan. The credit facility’s capacity was maintained at $225 million.

June 12, 2020 ATB Financial | Bank of Montreal | Canadian Western Bank | National Bank Financial | Pipestone Energy Phil Neuffer

NBC, ATB, CWBank Fund Spartan Delta Acquisition with $100MM Facility

National Bank of Canada, ATB Financial and Canadian Western Bank provided a $100 million senior secured lending facility to help fund Spartan Delta’s acquisition of substantially all of the assets of Bellatrix Exploration.

June 2, 2020 ATB Financial | Bellatrix Exploration | Canadian Western Bank | Eight Capital | National Bank Financial | National Bank of Canada | Peters & Co. Limited | Spartan Delta | TD Securities Phil Neuffer

ATB Financial, Luminus Energy Provide Interim Financing to Delphi Energy

ATB Financial will provide up to $6.25 million in interim financing and Luminus Energy will provide up to $13.5 million in interim financing to Delphi Energy. The financing was approved as part of an order from the Court of Queen’s Bench of Alberta.

May 26, 2020 ATB Financial | Delphi Energy | Luminus Energy Phil Neuffer

ATB Amends $13.5MM in Loan Facilities for Zedcor Energy

ATB Financial extended and amended a $13.5 million credit facility, which included non-revolving term loan and an equipment finance loan, for Zedcor Energy.

September 30, 2019 ATB Financial | Zedcor Energy Amanda Koprowski

ATB Agents $105MM Facility for Sundial Growers

Sundial Growers entered into a $140 million syndicated credit agreement with ATB Financial and Bank of Montreal as co-lead arrangers and joint bookrunners.

September 3, 2019 ATB Financial | Bank of Monteal | Sundial Growers nadine

ATB Financial Agents $100MM Facility for Aqua Terra

Aqua Terra Water Management closed $80 million senior secured syndicated credit facilities with a $20 million accordion feature.

July 15, 2019 Aqua Terra | ATB Financial nadine

HSBC Agents $20MM Downsize on Western Energy Revolver

HSBC Bank Canada served as administrative agent, lead arranger and sole bookrunner on amendments which reduced the commitment on Western Energy’s syndicated revolving first lien credit facility from $70 million to $50 million.

December 14, 2018 ATB Financial | HSBC | HSBC Bank Canada | TD Bank | Western Energy Amanda Koprowski