RBC Capital Markets Archives

RBC Capital Markets Leads Syndicate Providing $200MM in Financing to Itafos

Itafos entered into credit facilities with a syndicate of lenders led by RBC Capital Markets, pursuant to which the lenders have advanced an $85 million term loan to the company and made available a $35 million letter of credit facility and an $80 million asset-based revolving credit facility.

RBC Capital Markets and CIBC Amend $808MM ESG-Linked Credit Facilities with Dollarama

Dollarama amended its existing syndicated credit facilities to convert them to a sustainability-linked loan with available credit of C$1.05 billion ($808 million). RBC Capital Markets and CIBC acted as co-sustainability structuring agents.

July 8, 2022 CIBC | Dollarama | J.P. Towner | Neil Rossy | RBC Capital Markets Ian Koplin

Scotiabank, HSBC and RBC Capital Markets Provide $1B Term Loan to Kinross Gold Corporation

Kinross Gold Corporation arranged a new $1 billion term loan. The Bank of Nova Scotia, HSBC Bank Canada and RBC Capital Markets were the joint lead arrangers of the facility.

March 8, 2022 HSBC Bank Canada | Kinross Gold Corporation | RBC Capital Markets | The Bank of Nova Scotia Ian Koplin

Wells Fargo Amends Diversified Healthcare Trust’s Revolver

Diversified Healthcare Trust amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to January 2024. Wells Fargo is the administrative agent for the facility.

February 25, 2022 Citigroup Global Markets | Diversified Healthcare Trust | PNC Capital Markets | RBC Capital Markets | Wells Fargo Securities Ian Koplin

CIFC Makes Contribution of More Than $225K to TEAK Fellowship

CIFC Asset Management partnered with the deal parties of its latest CLO, CIFC Funding 2022-II, to make a collective contribution of more than $225,000 to the TEAK Fellowship.

BofA and MUFG Lead $1.4B Revolving Credit Facility for Ryder

Ryder executed a five-year, $1.4 billion global revolving credit facility, which includes 11 global institutions and will expire on Dec. 14, 2026. BofA Securities and MUFG Bank acted as joint bookrunners and joint lead arrangers for the facility.

RBC, TD Wells Fargo Expand Revolving Credit Facility for Interfor

Interfor closed an early renewal and expansion of its revolving credit facility with a syndicate of Canadian and U.S. banks co-led by RBC Capital Markets, TD Securities and Wells Fargo. The expansion increased the committed amount to $387 million.

December 20, 2021 Interfor | RBC Capital Markets | TD Securities | wells fargo Ian Koplin

RBC Capital Markets Extends $450MM Credit Facility for Russel Metals

Russel Metals extended its $450 million credit facility with a syndicate of banks led by RBC Capital Markets. The credit facility was extended from Sept. 21, 2023, to Sept. 21, 2025. In addition to the extension, the amended credit agreement includes a more favorable interest rate grid.

December 20, 2021 Martin L. Juravsky | RBC Capital Markets | Russel Metals Ian Koplin

RBC-Led Syndicate Provides $500MM Term Loan to Installed Building Products

Installed Building Products closed a seven-year, $500 million term loan with RBC Capital Markets, BofA Securities and Goldman Sachs Bank. Royal Bank of Canada will serve as term administrative agent and term collateral agent for the new term loan.

JPMorgan, Citi, RBC and Truist Expand NMI’s Revolving Credit Facility to $250MM

NMI Holdings amended its senior secured revolving credit facility, increasing the revolving capacity to $250 million and extending the maturity from Feb. 22, 2023, to Nov. 10, 2025. JPMorgan Chase Bank, Citibank, RBC Capital Markets and Truist Securities served as joint lead arrangers.

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