Millicom International Cellular entered a five-year $600 million ESG-linked revolving credit facility with a syndicate of 11 commercial banks. The facility is among the first commercial bank facilities in Latin America to incorporate sustainability-linked pricing, according to the company.
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.