Mid-Con Energy Partners received commitments from its lending group to change the borrowing base under its $250 million credit facility from $220 million to $190 million. Wells Fargo served as administrative agent.
CRH Medical said it entered into an agreement with Scotiabank for a $33 million senior secured revolver that will replace existing debt and assist in the financing of future acquisitions.
Rocky Mountain Dealerships said it amended and upsized its credit facility to $270 million with a group of banks led by CIBC as administrative agent.
Gulfport Energy entered into an amendment to its revolving credit facility which increased the company’s borrowing base from $575 million to $700 million. Bank of Nova Scotia was administrative agent.
Silver Standard Resources announced the closing of a new $75 million senior secured revolving credit facility with syndicate of lenders led by Canadian Imperial Bank of Commerce as sole lead arranger and administrative agent.
FirstService increased its revolver to $500 million. The increase was substantially oversubscribed by its syndicate of banks including JPMorgan Chase, TD Bank, Bank of Montreal, among others.
Mid-Con Energy Partners announced it received lender commitments to increase its borrowing base to $170 million under the company’s existing revolver. RBC acted as administrative agent, and BOKF, Comerica, Wells Fargo and Bank of Nova Scotia were participant lenders.
Buhler Industries announced it secured a $100 million credit facility for its operations. Bank of Montreal and the Bank of Nova Scotia provided the operating facility, a club agreement.
SYNNEX announced completion of a new financing arrangement to fund the acquisition of IBM’s customer relationship management business, as well as SYNNEX’ general working capital requirements.