Waste Connections and Progressive Waste Solutions have entered into a definitive agreement to merge in an all-stock transaction. Morgan Stanley is serving as lead financial advisor to Waste Connections.
Resolute Energy closed the sale of its Gardendale assets in the Midland Basin of West Texas. Petrie Partners and BMO Capital Markets acted as financial advisors on the transaction.
Adeptus Health closed on $175 million of new credit facilities with group of banks led by Bank of America Merrill Lynch as administrative agent.
Alliance Laundry Systems said BDT Capital Partners has agreed to acquire a majority interest in the company from Ontario Teachers’ Pension Plan. BofA and BMO Capital Markets acted as joint lead arrangers for the financing.
Detour Gold reported it amended its $109 million senior facility, co-lead by BMO Capital and CIBC, and includes commitments from Commonwealth Bank of Australia, RBC and TD Bank.
Jones Lang LaSalle amended its bank facility to further strengthen the firm’s operating flexibility and align with its 2020 growth strategy. BMO Capital Markets and Bank of America Merrill Lynch were co-lead arrangers.
NXT Capital announced its Equipment Finance Group increased its revolving credit facility from $150 million to $325 million. BMO Capital Markets and KeyBank National Association acted as joint lead arrangers.
Resolute Energy entered into a $150 million second lien secured term loan with Highbridge Principal Strategies. BMO Capital Markets acted as sole arranger for the second lien facility.
BMO Capital Markets announced it is adding trade finance booking capabilities in Hong Kong as it moves to serve more trade in Asia.