Cobalt 27 Capital will acquire all the issued share capital of Highlands Pacific. Cobalt closed an amended term loan for $100 million with National Bank of Canada as administrative agent.
Cobalt 27 Capital amended and upsized its revolving term credit facility, increasing the amount from $180 million to $200 million. National Bank of Canada served as administrative agent on the facility.
Cobalt 27 Capital entered into an $80 million revolving term credit facility led by National Bank of Canada and a syndicate of financial institutions, including Bank of Montreal and The Bank of Nova Scotia.