Taseko Mines Limited signed a $50 million revolving credit facility, which was arranged and fully underwritten by National Bank of Canada and will be available for working capital and general corporate purposes.
IBI Group entered into amended and restated credit facilities with its syndicate of lenders, including TD Bank, National Bank of Canada, HSBC Bank Canada and Bank of Montreal. The maturity date of the facilities was extended from Sept. 27, 2022, to Sept. 29, 2025.
Wishpond Technologies entered into a new credit facility pursuant to the terms of a credit agreement entered into between the company and National Bank of Canada’s technology and innovation banking group that provides for a $6 million secured revolving operating line.
AirBoss of America updated its senior secured credit facilities with an expanded syndicate of banks. TD Bank served as sole lead arranger for the facilities, which were updated to increase the revolving credit availability to $250 million, among other changes.
D-BOX Technologies, a provider of haptic and immersive entertainment experiences, closed a loan with the National Bank of Canada in connection with the Highly Affected Sectors Credit Availability Program offered by the Business Development Bank of Canada.
Maverix Metals amended its revolving credit facility and increased the amount available by $40 million to $160 million. The syndicate of banks providing the facility include National Bank of Canada, Canadian Imperial Bank of Commerce, The Bank of Nova Scotia and Bank of Montreal.
The Lion Electric Company entered into a credit agreement providing for a new revolving credit facility in the maximum principal amount of $100 million with a syndicate of lenders represented by National Bank of Canada as administrative agent, lead arranger and sole bookrunner.
AirBoss of America amended its senior secured revolving credit facilities to increase its credit availability from $60 million to $150 million. TD Bank, National Bank of Canada, Comerica Bank and JPMorgan will continue to make up the syndicate of lenders for the facility.
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.