National Bank of Canada Archives

Goeasy Exercises Accordion Option on Revolver with BMO-Led Syndicate

Non-prime consumer lender goeasy exercised the accordion feature of its revolving credit facility, increasing the facility to $370 million. A banking syndicate including BMO continues to underwrite the facility.

National Bank of Canada Extends Maturity Date of Titan Mining’s Credit Facility

Titan Mining extended the maturity date of its $40 million credit facility with National Bank of Canada from Dec. 6, 2023, to Dec. 6, 2024.

December 22, 2022 Augusta Investments | Don Taylor | National Bank of Canada | Titan Mining Phil Neuffer

National Bank of Canada Leads Syndicate Providing $60MM Credit Facility to Alida

Alida, a provider of experience management, secured a $60 million syndicated credit facility from National Bank of Canada through its technology and innovation banking group.

Wells Fargo Provides $55MM Credit Facility to good natured Products

good natured Products completed a senior secured revolving credit facility with Wells Fargo Bank consisting of a $30 million asset-based revolving credit facility with a four-year term and an uncommitted $25 million revolving facility.

August 29, 2022 Business Development Bank of Canada | good natured Products | National Bank of Canada | Paul Antoniadis | Wells Fargo Bank Ian Koplin

BMO Leads Syndicate of Lenders Providing Torex Gold Resources Additional $100MM in Credit

Torex Gold Resources finalized a credit agreement with a syndicate of banks which increases the amount of credit available to $250 million from $150 million and extends the maturity of the facilities into 2025 from 2023.

Canadian Imperial Bank of Commerce Expands Capstone Copper’s Revolver to $500MM

Capstone Copper closed the amendment and extension of its corporate revolving credit facility from $225 million to $500 million plus a $100 million accordion and extended the facility by four years. The Canadian Imperial Bank of Commerce is the administrative agent for the facility.

BMO, ATB and National Bank of Canada Increase Kiwetinohk’s Revolver to $315MM

Kiwetinohk Energy’s existing lenders, including Bank of Montreal, ATB Financial and National Bank of Canada, completed their semi-annual borrowing base redetermination and agreed to amend Kiwetinohk’s credit facility and increase the borrowing limit from $225 million to $315 million.

National Bank of Canada Provides $50MM Revolver to Taseko Mines Limited

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.

TD Bank-Led Syndicate Extends IBI Group’s Credit Facilities

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.

October 5, 2021 Bank of Montreal | HSBC Bank Canada | IBI Group | National Bank of Canada | Toronto-Dominion Bank Ian Koplin

National Bank of Canada Provides $6MM Revolving Credit Facility to Wishpond

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.

September 30, 2021 Ali Tajskandar | David Looi | Juan Leal | National Bank of Canada | Wishpond Technologies Phil Neuffer

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