Enterprise communications company Mitel closed a $500 million credit facility with a syndicate of banks led by Citizens Bank as administrative agent.
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.
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.