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.
Firan Technology renewed and amended its banking agreement with HSBC Bank Canada. The new facility includes $16 million of revolving and non-revolving facilities.
Avigilon increased its existing syndicated credit facility from $200 million to $240 million. HSBC Bank Canada acted as lead arranger, sole book runner and administrative agent for the facility upsize.
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.
Supremex announced a new $40 million credit facility with HSBC Bank Canada that consists of a $15 million operating facility and a $25 million term loan.
Essential Energy Services entered into a renewed credit agreement with a syndicate of lenders, including National Bank of Canada, The Toronto-Dominion Bank, HSBC Bank Canada and Canadian Western Bank.
FirstService increased its revolver to $500 million. The increase was substantially oversubscribed by its syndicate of banks including JPMorgan Chase, TD Bank, Bank of Montreal, among others.
AutoCanada entered into an amended and restated credit agreement with HSBC Bank Canada, Alberta Treasury Branches and Royal Bank of Canada, with HSBC Bank Canada acting as administrative agent for the lenders.
Wheels Group announced it entered into a new credit agreement with its syndicate of lenders, including the Bank of Montreal, as lead, and HSBC Bank Canada.