Ero Copper refinanced all of its current U.S. dollar denominated senior secured debt via a new $130 million debt financing, comprised of an $80 million senior secured term facility and a $50 million senior secured revolver, with Scotiabank and Bank of Montreal.
Bank of Montreal acted as administrative agent on a new C$10 million ($7.636 million) term credit facility for a subsidiary of ClearStream Energy Services.
Cobalt 27 Capital amended and upsized its revolving term credit facility, increasing the amount from $180 million to $200 million. National Bank of Canada served as administrative agent on the facility.
Lundin Mining amended its revolving credit facility, increasing the facility to $550 million with a $50 million accordion option. The Bank of Nova Scotia served as administrative agent for the transaction.
Enviva Partners amended its senior secured credit facility, extending the maturity to October 2023 from April 2020 and increasing the revolving credit facility to $350 million from $100 million.
Cargojet amended and extended its $400 million revolving five-year credit facility with a syndicated lending group led by the Royal Bank of Canada.
Trevali Mining amended its credit agreement with a syndicate of lenders for a $275 million revolving credit facility. The new facility replaces the $160 million term loan facility and the $30 million revolving facility entered into in August 2017.
Aurora Cannabis closed its previously announced debt facility with the Bank of Montreal, consisting of a $150 million term loan and a $50 million revolving credit facility.
WEX has repriced its senior secured credit loans under its existing credit facility, extending the deadline to July 1, 2023, increasing the revolver by $150 million and providing an additional $25 million tranche A term loan.