Scotiabank, NBC Cut $15MM From Cathedral Energy Facility
Cathedral Energy Services has negotiated amendments to its credit facility with the Bank of Nova Scotia and National Bank of Canada, including a $15 million reduction.
Cathedral Energy Services has negotiated amendments to its credit facility with the Bank of Nova Scotia and National Bank of Canada, including a $15 million reduction.
Digital Realty Trust has completed the refinancing of its global revolving credit facility and term loan. Citibank served as administrative agent for the transaction.
Brookfield extended its existing $60 million operating credit facility with The Bank of Nova Scotia and closed a $25 million term loan with private equity group Brookfield Capital Partners.
After their semiannual review, National Bank of Canada, Bank of Nova Scotia and Alberta Treasury Branches reduced Delphi Energy’s credit facility by 5% to $132.5 million.
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.