Wells Fargo Capital Finance Canada and BMO Upsize Algoma Steel’s ABL Credit Facility to $300MM
Algoma Steel, a producer of steel sheet and plate products, upsized its senior secured asset-based revolving credit facility from $250 million to $300 million and extended the term of the facility to May 2028. Wells Fargo Capital Finance Canada is acting as the administrative agent for the facility.
May 26, 2023
Algoma Steel | Bank of Montreal | Goodmans | Rajat Marwah | Wells Fargo Capital Finance Corporation Canada
Ian Koplin