The North American Construction Group has expanded and extended its senior secured credit facility with the National Bank of Canada. The facility limit is now $325 million with a maturity date of October 8, 2023.
The Bank of Nova Scotia is serving as administrative agent for an amendment to a first lien secured revolving credit facility for Trevali Mining, which also entered into an up to $20 million second lien secured facility agreement with Glencore Canada.
National Bank of Canada, ATB Financial and Canadian Western Bank amended Essential Energy Services’ credit facility agreement, which provides an extension of the maturity date of the revolving secured credit facility along with revisions to certain terms and conditions.
MUFG Bank acted as administrative agent and first lien collateral agent on a $1.1 billion Climate Bonds Certified financing for Geysers Power Company, which is a wholly-owned subsidiary of Calpine.
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.
AirBoss of America has formed AirBoss Defense Group through the merger of its AirBoss Defense business and other operations in Acton Vale, QC with Critical Solutions International.
Fairstone Financial completed an optimization of its three-year revolving credit facility provided by a banking syndicate, comprised of leading Canadian and international banks.
Osisko Gold Royalties amended its revolving credit facility, increasing the amount from $350 million to $400 million. National Bank of Canada served as administrative agent.