Tag Archives: National Bank Financial

Pipestone Energy Upsizes NBF and BMO-Led Credit Facility, Expands Corporate Banking Syndicate

Pipestone Energy increased its reserve-based loan to $280 million from $225 million. The banking syndicate for the facility, which is co-led by National Bank Financial and BMO and includes ATB Financial and Canadian Western Bank, was expanded to also include the Business Development Bank of Canada.

NFI Amends Existing Facilities with Bank of Nova Scotia and HSBC

NFI amended its existing $1.25 billion senior revolving credit facility and its £50 million ($67.6 million) revolving UK credit facility. The Bank of Nova Scotia is the administrative agent for the $1.25 billion revolver and HSBC UK is the administrative agent for the UK credit facility.

NBC, ATB, CWBank Fund Spartan Delta Acquisition with $100MM Facility

National Bank of Canada, ATB Financial and Canadian Western Bank provided a $100 million senior secured lending facility to help fund Spartan Delta’s acquisition of substantially all of the assets of Bellatrix Exploration.