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.
FirstService has completed its acquisition of approximately 95% of Global Restoration Holdings for a purchase price of approximately $505 million. TD Bank led a $890 million facility to support the transaction.
Delphi Energy has extended the term out date of its $105 million senior secured credit facility to June 14, 2019. The bank syndicate is led by Alberta Treasury Branches and includes The Bank of Nova Scotia and Bank of Montreal.