The Bank of Nova Scotia is serving as administrative agent for an amendment to a first lien secured revolving credit facility for Trevali Mining, which also entered into an up to $20 million second lien secured facility agreement with Glencore Canada.
Black Diamond Group completed a four-year secured asset-based revolving credit facility. The facility is expected to close within the next week and is subject to customary closing conditions.
CRH Medical has entered into a new, three-year revolving credit facility which provides up to $200 million in borrowing capacity, and represents an increase from the company’s previous $100 million facility.
Lundin Mining amended its credit agreement, increasing its secured revolving credit facility to $800 million with a $200 million accordion option.
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.
Cobalt 27 Capital will acquire all the issued share capital of Highlands Pacific. Cobalt closed an amended term loan for $100 million with National Bank of Canada as administrative agent.
Equinox Gold has converted its $100 million Mesquite acquisition facility into a senior secured $130 million corporate revolving credit facility with the existing syndicate of lenders led by the Bank of Nova Scotia.