RF Capital Group secured a $200 million revolving credit facility with a syndicate of lenders led by Canadian Imperial Bank of Commerce. The facility includes an accordion provision that will enable the company to request increases in the total commitment.
Maverix Metals amended its revolving credit facility and increased the amount available by $40 million to $160 million. The syndicate of banks providing the facility include National Bank of Canada, Canadian Imperial Bank of Commerce, The Bank of Nova Scotia and Bank of Montreal.
Western Forest Products transitioned its current credit facility into a $250 million sustainability-linked credit facility. Royal Bank of Canada acted as sole bookrunner, co-lead arranger, administrative agent and sustainability structuring agent for the facility.
Canadian Imperial Bank of Commerce, Desjardins Capital Markets and Investissement Québec expanded credit facilities by $21 million for Goodfood Market, an online Canadian grocery and meal kit company.
The Bank of Montreal, the Canadian Imperial Bank of Commerce and Concentra Bank amended PharmHouse’s syndicated credit facility to provide an additional $10 million of secured debt financing. BMO acted as agent and lead lender for the facility.
Osisko Gold Royalties amended its revolving credit facility, increasing the amount from $350 million to $400 million. National Bank of Canada served as administrative agent.
Pan American Silver increased its revolver by $200 million to $500 million. The facility was led by The Bank of Nova Scotia and the Canadian Imperial Bank of Commerce as joint lead arrangers and joint bookrunners.
Canadian Imperial Bank of Commerce acted as administrative agent on a $65 million secured non-revolving term loan credit facility for cannabis company Cronos Group. Bank of Montreal was a lender on the facility.
BMO acted as agent and lead lender on C$80 million ($60.2 million) in secured debt financing for Canopy Rivers’ joint venture, PharmHouse. CIBC and Concentra Bank also participated as lenders on the facility.
Société Générale acted as administrative agent on a $1.25 billion amended and restated revolving credit agreement for Cheniere Energy, a Houston-based energy company primarily engaged in LNG-related businesses.