National Bank of Canada Upsizes Osisko Credit Facility to $450MM

Osisko Gold Royalties amended its revolving credit facility, increasing the amount from $150 million to $350 million, with an additional uncommitted accordion of up to $100 million.

Barclays Agents New $400MM Facility for Hertz

Hertz Global Holdings amended certain provisions of its senior facilities and entered into a new $400 million standalone letter of credit facility. Barclays served as administrative agent for the transaction.

TD Bank, BMO, Others Upsize Innergex Revolver to $475MM

Innergex Renewable Energy increased its revolving credit facility to $475 million from $425 million. TD Securities and BMO Capital Markets were lead arrangers.

HSBC Agents New $450MM Revolver for TerraForm Power

TerraForm Power, a renewable energy company based in Maryland, closed a $450 million revolving credit facility with HSBC USA as administrative agent.

Pengrowth Energy Amends Covenants with RBC Led Bank Syndicate

Pengrowth Energy finalized the terms of amending its agreements with lenders under its syndicated bank facility. Royal Bank of Canada and RBC Capital Markets are serving as agent and lead arranger, respectively.

BMO Provides New Facility Up to $30MM for Diamond Estates Wine

Diamond Estates Wines & Spirits closed a new credit facility with the Bank of Montreal, replacing its previous facility with Canadian Imperial Bank of Commerce and Meridian Credit Union.

BMO Provides $50MM Facility for Boston Pizza

As part of its internal reorganization plan, Canadian franchise Boston Pizza closed a $50 million credit facility with Bank of Montreal.

JPMorgan Agents $750MM Revolver for Carter’s

The William Carter Company increased its revolving credit facility from $500 million to $750 million. JPMorgan Chase was administrative agent for the transaction.

RBC-Led Group Provides $50MM to Support Chesswood Growth

The Chesswood Group has exercised the $50 million accordion feature in its existing revolver with a bank syndicate led by Royal Bank of Canada to support the continued growth of its Pawnee Leasing portfolio.

Scotiabank, BMO Post Higher Than Expected Earnings

Reuters reported that the Bank of Nova Scotia and the Bank of Montreal posted higher than expected quarterly earnings due to the strong Canadian economy.