Wesdome Gold Mines has entered into a commitment letter with National Bank Financial providing for a three-year $40 million senior secured revolving credit facility.
National Bank of Canada led a banking syndicate on a $75 million upsize to Park Lawn’s financing arrangement, increasing the borrowing capacity from $150 million to $225 million.
Nebraska Book Holdings completed the restructuring of its balance sheet and eliminated the substantial majority of its legacy long-term debt. Callidus Capital provided a new asset-based loan to support the refinancing.
Premier Community Bank of Florida agreed to merge with and into National Commerce Corporation, the parent company of National Bank of Commerce. The transaction is expected to result in a combined institution with approximately $3.4 billion in assets.