The Bank of Montreal provided a $27.5 million revolving debt facility to Merchant Opportunities Fund, a Vancouver-based diversified credit opportunities fund focused on prudently compounding capital over the long-term.
Bank of Montreal’s technology and innovation banking group expanded iLOOKABOUT’s credit facility by $4 million in support of its recent acquisition of Apex.
Purple Innovation executed a new five-year $100 million senior secured credit facility, consisting of a $45 million term loan and a $55 million revolving line of credit, with a group of financial institutions led by KeyBanc Capital Markets.
The Bank of Nova Scotia is serving as administrative agent for an amendment to a first lien secured revolving credit facility for Trevali Mining, which also entered into an up to $20 million second lien secured facility agreement with Glencore Canada.
A lending syndicate led by Bank of Montreal expanded Pure Sunfarms’ credit facility to its full C$59 million ($43.41 million) capacity with the completion of the facility’s accordion feature. The syndicate also includes Farm Credit Canada and CIBC.
Bank of Montreal and the Royal Bank of Canada renewed a $500 million committed standby secured funding facility for Home Trust Company, a subsidiary of Home Capital Group.
J.P. Morgan, Bank of Montreal and Goldman Sachs acted as joint bookrunners and joint lead arrangers on a $200 million term loan B facility of seven years for Neenah.
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.
Bank of Montreal served as lead arranger and agent for an amendment to Organigram’s credit agreement, which includes a $115 million term loan and $25 million revolving credit facility. The agreement also includes a syndicate of three other lenders.
According to an 8K filed with the SEC, Bank of Montreal, Fifth Third and Regions Bank agented an additional $41.9 million of capacity on Blue Bird’s revolving credit facility, bringing the total commitments to $141.9 million.