Simpson Represents BOM in Resolute Energy Credit Facility
Simpson Thacher represented Bank of Montreal, as sole lead arranger, in connection with a $150 million second lien secured credit facility provided to Resolute Energy.
Simpson Thacher represented Bank of Montreal, as sole lead arranger, in connection with a $150 million second lien secured credit facility provided to Resolute Energy.
Pacific Insight Electronics said it obtained credit facilities of $22 million from Bank of Montreal and Roynat to finance working capital and new equipment purchases.
Petrowest amended its revolving credit facility with Bank of Montreal to increase the maximum amount from $30 million to $40 million and extend the maturity date.
Sandstorm Gold announced it amended its revolving credit agreement from a syndicate of banks including The Bank of Nova Scotia, Bank of Montreal and National Bank of Canada.
Boralex completed refinancing of its corporate revolving credit facility for an amount of C$130 million. National Bank of Canada acted as lead arranger.
Warren Resources announced its lender syndicate has increased its borrowing base to $175 million. Bank of Montreal was shown to be the administrative agent and LC issuer on the transaction.
Element Financial announced it obtained a $1.36 billion bridge financing commitment from Bank of Montreal to finance the acquisition of PHH Corporation’s fleet management services business.
FirstService increased its revolver to $500 million. The increase was substantially oversubscribed by its syndicate of banks including JPMorgan Chase, TD Bank, Bank of Montreal, among others.
Magnum Hunter Resources said the lenders under its senior revolver completed their regular redetermination of the company’s borrowing base, resulting in an increase to $325 million. Bank of Montreal was administrative agent for the lenders.
Buhler Industries announced it secured a $100 million credit facility for its operations. Bank of Montreal and the Bank of Nova Scotia provided the operating facility, a club agreement.