Bank of America Securities acted as sole book runner and sole lead arranger for a new $150 million syndicated secured revolving credit facility for Radiant Logistics.
Citibank acted as sole structuring agent for Atlas, which closed its $285 million senior secured financing on behalf of its wholly owned subsidiary, APR Energy.
The Court of Queen’s Bench for Saskatchewan granted an order extending their stay of proceedings for the Morris Group under the companies’ Creditors Arrangement Act (CCAA) to March 27, 2020.
Pipestone Energy successfully re-financed its existing credit facilities with a $225 million reserve-based loan (RBL), which provides meaningful financial flexibility going forward.
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).
Supreme Cannabis has entered into a credit agreement with Bank of Montreal as lead arranger and agent for $90 million in senior secured credit facilities consisting of a term loan of $70 million and a revolving credit facility of $20 million.
BMO acted as administrative agent on an amended credit agreement for Jamieson Wellness. The amended facilities now include a provided availability of up to C$475 million ($358.3 million).
JPMorgan Chase Bank served as the administrative agent on a new $625 million revolving credit facility for Briggs & Stratton, the world’s largest producer of gasoline engines for outdoor power equipment.
Lundin Mining amended its credit agreement, increasing its secured revolving credit facility to $800 million with a $200 million accordion option.