Tag Archives: HSBC Bank 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.

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.

National Bank of Canada-Led Syndicate Increases Stingray’s Credit Facilities to $442.5MM

Stingray Group completed the increase and extension of its existing credit facilities, which now total $442.5 million. A syndicate of banks led by National Bank of Canada, Bank of Montreal and Fédération des Caisses Desjardins as co-lead arrangers is providing the credit facilities.

HSBC and TD Bank Provide $53MM Green Loan Credit Facility to Creative Energy Developments

Creative Energy Developments, an owner and operator of district energy systems in North America, closed a $53 million credit facility, which includes the refinancing of $28 million of existing debt and a $22 million green loan facility and was led by HSBC Bank Canada and TD Bank.