CIBC Provides $47.5MM Revolver for Next Edge Capital

Next Edge Capital closed a revolving credit facility for $47.5 million with CIBC1 and NELI Canada LP2, a special purpose funding vehicle utilized by the Next Edge Private Debt Fund.

TD Agents $300MM Facility for Badger Daylighting

Badger Daylighting and its subsidiaries have increased their senior secured credit facility with a group of five lenders from $145 million to $300 million, with TD Bank as administrative agent.

BMO Agents $500MM Facility for Detour Gold

Detour Gold has amended its existing credit agreement to provide for a new $400 million senior secured revolving credit facility, with an accordion option allowing the company to increase the size of the facility by another $100 million to a total amount of $500 million.

CIBC Provides Aktana with $20MM Growth Financing

CIBC Innovation Banking has closed a $20 million debt financing for San Francisco-based Aktana.

CIBC Provides Adthena With $5MM Growth Capital Financing

CIBC Innovation Banking has provided $5 million growth capital financing for search intelligence provider Adthena.

CIBC, NBC Provide Upsize Maverix $120MM Facility

Maverix Metals has completed the increase to its revolving credit facility, allowing the company to borrow up to $120 million.

HSBC, CIBC Lead $319MM Term Loan for sPower

sPower closed on the debt financing and tax equity commitment for Prevailing Wind Park based in in South Dakota. HSBC and CIBC are lenders for the approximately $319 million construction/term facility are.

CIBC Agents Capstone Mining $300 Million Revolver

Capstone Mining has extended and amended its $300 million corporate revolving credit facility to July 25, 2022, with Canadian Imperial Bank of Commerce as administrative agent.

CIBC Innovation Banking Opens New Office in Austin

CIBC Innovation Banking has opened a new office in Austin, TX with Sara Johnson as managing director.

TD Supports FirstService Acquisition of Global Restoration

FirstService has completed its acquisition of approximately 95% of Global Restoration Holdings for a purchase price of approximately $505 million. TD Bank led a $890 million facility to support the transaction.