Industrial Logistics Properties Trust Closes $1.235B Debt Financing with Syndicate of Lenders

Industrial Logistics Properties Trust closed on a $1.235 billion debt financing with a final maturity date of Oct. 9, 2027. The financing is secured by a portfolio of 104 industrial properties containing approximately 18.6 million square feet across 31 states.

September 26, 2022 Bank of America | BMO Capital Markets | Citigroup | Industrial Logistics Properties Trust | Morgan Stanley | Skadden Arps Slate Meagher & Flom | UBS Investment Bank | Yael Duffy Ian Koplin

Whitestone REIT Amends and Extends $515 Million Credit Facility with Syndicate of Lenders

Whitestone REIT amended and extended its $515 million credit facility, comprised of a $250 million revolver and $265 million term loan.

September 20, 2022 Associated Bank | BMO Capital Markets | Capital One | Dave Holeman | Deutsche Bank | S&T Bank | Truist Bank | U.S. Bank | Whitestone REIT Ian Koplin

Bank of Nova Scotia and HSBC Amend NFI Group’s Credit Facilities

NFI Group amended its existing $1.25 billion senior revolving credit facility and £50 million ($61 million) revolving UK credit facility. The Bank of Nova Scotia is the administrative agent for the revolver and HSBC UK is the administrative agent for the UK facility.

August 1, 2022 Bank of America | Bank of Nova Scotia | BMO Capital Markets | Export Development Canada | HSBC Bank Canada | HSBC UK | ICICI Bank Canada | MUFG Bank | National Bank Financial | NFI Group | Pipasu Soni | TD Bank | The Canadian Imperial Bank of Commerce | Wells Fargo Bank Ian Koplin

BMO Capital Markets Provides $60MM Revolving Credit Facility to VoltaGrid

VoltaGrid entered into a senior secured revolving credit facility. The facility provides the company immediate access to $60 million and up to $150 million under certain conditions. BMO Capital Markets is acting as administrative agent for the facility. 

July 22, 2022 Aaron Engen | BMO Capital Markets | Export Development Canada | Guillermo Freire | Nathan Ough | VoltaGrid Ian Koplin

BMO Extends Maple Leaf Foods Extends $2B Sustainability-Linked Credit Facility

Maple Leaf Foods completed an extension of its existing $2 billion sustainability-linked credit facility with its existing banking syndicate. BMO Capital Markets acting as sole book runner and sustainability structuring agent.

July 1, 2022 BMO Capital Markets | Geert Verellen | Maple Leaf Foods Rita Garwood

Apollo Acquires Cardenas Markets from KKR

Apollo agreed to acquire Cardenas Markets, a grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a global investment firm.

June 14, 2022 Andrew Jhawar | Apollo | BMO Capital Markets | Cardenas Markets | Credit Suisse | Doug Sanders | Joanna Reiss | Kirkland & Ellis | KKR | Paul Weiss Rifkind Wharton & Garrison | Rabobank | Tony’s Fresh Market | Vishal Patel | wells fargo Ian Koplin

BMO Capital Markets Provides ESG-Linked Credit Facility to Trisura Group

Trisura Group closed a sustainability-linked credit facility with BMO Capital Markets. The sustainability-linked loan is linked to Trisura’s ambition to further incorporate ESG considerations into its investment activities.

April 4, 2022 BMO Capital Markets | Jonathan Hackett | Trisura Group Ian Koplin

Bank of America Leads Lender Group Providing $700MM Credit Facility to Sprouts Farmers Market

Sprouts Farmers Market closed a $700 million revolving credit facility under a credit agreement dated as of March 25. Bank of America acted as administrative agent, issuing bank and swingline lender for the facility.

March 28, 2022 BMO Capital Markets | BofA Securities | Chip Molloy | J.P. Morgan Securities | JPMorgan Chase | PNC Bank | Sprouts Farmers Market | Truist Bank | Wells Fargo Securities Ian Koplin

BMO Coordinates $250MM Sustainability-Linked Revolver for Seaspan

BMO Financial Group is serving as lead sustainability structuring coordinator for a three-year, $250 million sustainability-linked revolving credit facility for Seaspan, a containership leasing company.

February 18, 2022 BMO Capital Markets | BMO Financial Group | Citigroup Global Markets | Jonathan Hackett | Matt Borys | Seaspan Ian Koplin

BMO Upsizes AssetMark’s Credit Facility to $500MM

AssetMark Financial entered into an amended and restated credit agreement that provides for a $500 million senior secured credit facility. Bank of Montreal is the administrative agent and sustainability coordinator for the facility.

January 13, 2022 AssetMark Financial | Bank of Montreal | BMO | BMO Capital Markets | Gary Zyla | JPMorgan Chase Bank | Truist Securities | U.S. Bank | Wells Fargo Securities Phil Neuffer