TD Bank, EDC Provide Revolver for Microbix
Microbix Biosystems arranged a new secured revolving credit facility jointly with TD Bank and Export Development Canada.
Microbix Biosystems arranged a new secured revolving credit facility jointly with TD Bank and Export Development Canada.
Richie Bros. Auctioneers closed a $1 billion credit facility to partially fund its IronPlanet acquisition and provide the company with enhanced financial flexibility. Bank of America served as administrative agent.
Hydrogenics entered into a credit agreement with Export Development Canada for a five-year $9 million term loan.
Cathedral Energy Services amended its credit facility with The Bank of Nova Scotia and National Bank of Canada. Export Development Canada has joined Cathedral’s banking syndicate.
Gran Tierra Energy completed the acquisition of PetroLatina Energy for a purchase price of approximately $525 million. Scotiabank agented a $130 million term loan to support the transaction.
Enablence Technologies expanded its relationship with Export Development Canada by increasing the size of its senior loan facility from $2.3 million to $3.9 million.
Eldorado Gold has renewed its $250 million revolving credit facility. HSBC Securities served as lead arranger and sole bookrunner for the transaction.
Paul Hastings represented Nemak, a global independent manufacturer of high-tech, complex aluminum components for the automotive industry, in a $300 million term loan facility.
Gran Tierra Energy secured a credit facility of up to $500 million from a syndicate led by Scotiabank, as admin agent, and Scotiabank and Societe Generale as joint lead arrangers and joint bookrunners.
Macro Enterprises closed a new $115 million senior credit facility with a syndicate of lenders led by TD Bank as lead arranger, sole bookrunner and administration agent.