Tag Archives: Export Development Canada

CIBC and Others Deliver Term Loan and Revolver as Part of $580MM Debt Capital Raise by Conterra

Conterra Ultra Broadband, a provider of fiber-optic network-based infrastructure and services, completed a debt capital raise totaling $580 million, including a term loan and revolving credit facilities being provided by CIBC, National Bank of Canada, NordLB, SMBC and Export Development Canada.

NFI Group Enters Comprehensive Refinancing Plan with Several Lenders

NFI Group, an independent bus and coach manufacturer, is working to complete a comprehensive refinancing plan, which will include amendments to its existing senior secured credit facilities.

RBC, TD Bank and Export Development Canada Provide $97.5MM Credit Facility to FirstLight Power

FirstLight Power, a clean power producer, developer and energy storage company serving North America, completed the expansion of its corporate credit facility led by Royal Bank of Canada, TD Bank and Export Development Canada, the latter of which joined the facility with this expansion.

EDC, ING and Société Générale Execute $400MM Debt Facility for Generation Mining

Generation Mining executed a mandate letter to arrange a senior secured project finance facility of up to $400 million. A syndicate including Export Development Canada, ING Capital and Société Générale will act as the mandated lead arrangers for the facility.

Lender Syndicate Amends Ritchie Bros.’ Credit Agreement to Support IAA Merger

Ritchie Bros. closed an amendment to its credit agreement with a syndicate of lenders to support the closing of its proposed merger with IAA. BofA Securities, RBC Capital Markets, Goldman Sachs and Wells Fargo Securities served as joint bookrunners for the agreement.

Bank of Nova Scotia and HSBC Amend NFI Group’s Credit Facilities

NFI Group amended its existing $1.25 billion senior revolving credit facility and £50 million ($61 million) revolving UK credit facility. The Bank of Nova Scotia is the administrative agent for the revolver and HSBC UK is the administrative agent for the UK facility.