TD Bank and National Bank Financial Arrange $300 Revolver for Shawcor

Shawcor closed on a four-year, $300 million senior secured revolving credit facility. TD Bank and National Bank Financial acted as co-lead arrangers and HSBC Bank Canada, JPMorgan Chase Bank and Export Development Bank acted as lenders for the facility.

January 14, 2022 Export Development Bank | HSBC Bank Canada | JPMorgan Chase Bank | Mike Reeves | National Bank Financial | Shawcor | TD Bank Phil Neuffer

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.

November 1, 2021 ATB Financial | Bank of Montreal | Business Development Bank of Canada | Canadian Western Bank | National Bank Financial | Pipestone Energy Ian Koplin

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.

December 28, 2020 Asset Based Lending | Bank of America | BMO Capital Markets | Export Development Canada | HSBC Bank Canada | HSBC UK | ICICI Bank Canada | MUFG Bank | National Bank Financial | NFI | Pipasu Soni | TD Bank | The Bank of Nova Scotia | The Canadian Imperial Bank of Commerce | wells fargo Phil Neuffer

National Bank Financial-Led Syndicate Maintains Pipestone’s Credit Facility Capacity

National Bank Financial, Bank of Montreal, ATB Financial and Canadian Western Bank redetermined Pipestone Energy’s $225 million reserve-based loan. The credit facility’s capacity was maintained at $225 million.

June 12, 2020 ATB Financial | Bank of Montreal | Canadian Western Bank | National Bank Financial | Pipestone Energy Phil Neuffer

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.

June 2, 2020 ATB Financial | Bellatrix Exploration | Canadian Western Bank | Eight Capital | National Bank Financial | National Bank of Canada | Peters & Co. Limited | Spartan Delta | TD Securities Phil Neuffer

NBF, BMO Lead Pipestone Energy $225MM Facility

Pipestone Energy successfully re-financed its existing credit facilities with a $225 million reserve-based loan (RBL), which provides meaningful financial flexibility going forward.

December 16, 2019 Alberta Treasuring Branches | Bank of Montreal | Canadian Western Bank | National Bank Financial | Pipestone Energy nadine

National Bank Leads $300MM Revolver for NACG

National Bank Financial led a banking syndicate on an upsized $300 million revolving credit agreement for North American Construction Group.

November 26, 2018 National Bank | National Bank Financial | North American Construction Group Amanda Koprowski

National Bank Arranges Facility to Support Blackbird/Pipestone Merger

Blackbird Energy and Pipestone Oil entered into an agreement that will combine the two companies. National Bank Financial acted as lead arranger and sole bookrunner on a $198.5 million credit facility to support the transaction.

October 31, 2018 Blackbird Energy | National Bank Financial | Pipestone Oil Amanda Koprowski

Scotiabank Agents $1B Revolver for NFI

NFI Group, the largest bus and motor coach manufacturer and parts distributor in North America, entered into a revolving credit facility with a total borrowing limit of $1 billion, which includes a $100 million letter of credit facility.

October 26, 2018 Bank of Nova Scotia | BMO Capital Markets | National Bank Financial | NFI ABF Journal

CIBC, Others Lead Northland Power New $1.25B Facility

Northland Power entered into a $1.25 billion credit facility with a syndicate of 12 financial institutions led by Canadian Imperial Bank of Commerce, Bank of Montreal and National Bank Financial.

June 25, 2018 Bank of Montreal | Canadian Imperial Bank of Commerce | National Bank Financial | Northland Power ABF Journal