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.
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.
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.
Pinnacle Renewable has expanded its credit facility to $530 million with a syndicate of lenders led by the Bank of Nova Scotia, Bank of Montreal, Royal Canadian Bank and CIBC.
Bank Leumi of Israel, CIBC and National Australia Bank launched the Global Alliance Fintech Link, a global online portal developed to help drive client-focused innovation by facilitating collaboration between the banks and fintechs.
Resolute Forest Products completed a five-year extension of its senior secured ABL revolver an aggregate lender commitment of up to $500 million at any time outstanding. Bank of America served as both administrative and collateral agent on the facility.