Bank of Montreal Leads Wheels Credit Facility
Wheels Group announced it entered into a new credit agreement with its syndicate of lenders, including the Bank of Montreal, as lead, and HSBC Bank Canada.
Wheels Group announced it entered into a new credit agreement with its syndicate of lenders, including the Bank of Montreal, as lead, and HSBC Bank Canada.
Simpson Thacher announced it represented Bank of Montreal and Deutsche Bank in connection with Westmoreland Coal’s acquisition of the Prairie and Mountain coal mining operations of Sherritt International.
Warren Resources’ lender syndicate increased the company’s conforming borrowing base to $165 million. Bank of Montreal served as syndicate agent in the lender group.
Arthur J. Gallagher & Co. announced it entered into a $600 million credit facility with several financial institutions, led by Bank of Montreal, BofA Merrill Lynch, Barclays, Citibank and JP Morgan Chase.
Element Financial closed a new $585 million senior revolving credit facility to fund the company’s planned origination activity into 2014. Bank of Montreal acted as administrative agent.
American Apparel announced a $15 million increase in its revolver with Capital One Leverage Finance. As a part of the transaction, The Bank of Montreal was added as a loan participant.
Innergex Renewable Energy extended its $425 million revolving term credit facility with a new five-year term ending in 2018. Bank of Montreal served as syndication agent and lender.
Warren Resources said the syndicate of lenders, led by Bank of Montreal as agent underwriting the company’s senior secured credit facility, has increased the conforming borrowing base to $145 million.
Paul Hastings represented BMO Capital Markets as sole lead arranger and sole bookrunner and Bank of Montreal as administrative agent in a $1 billion facility amendment for WildHorse Resources.
ICV Partners said its portfolio company SAFE Security completed the refinancing of its existing senior credit facility with a new $130 million debt facility led by Bank of America.