Royal Bank of Canada Archives

Royal Bank of Canada Provides $21.4MM in Credit Facilities to Premier Health of America

Premier Health of America, a Canadian health technology company, negotiated the provision of two senior secured credit facilities by Royal Bank of Canada for a total amount of up to C$27 million ($21.4 million).

August 31, 2021 Martin Legault | Premier Health of America | Royal Bank of Canada | Sylvain Charbonneau Ian Koplin

Royal Bank of Canada Amends Credit Agreement for Evolve Transition Infrastructure

Evolve Transition Infrastructure executed an amendment to its credit agreement with the Royal Bank of Canada. The amended credit agreement provides Evolve with a $65 million term loan facility and a $5 million revolving credit facility, with RBC providing the entire principal amounts of both facilities.

August 24, 2021 Chuck Ward | Evolve Transition Infrastructure | Royal Bank of Canada Ian Koplin

Royal Bank of Canada Transitions Western Forest Products’ Credit Facility to ESG-Linked Facility

Western Forest Products transitioned its current credit facility into a $250 million sustainability-linked credit facility. Royal Bank of Canada acted as sole bookrunner, co-lead arranger, administrative agent and sustainability structuring agent for the facility.

Truist Agents New $400MM Credit Facility for Apollo Medical Holdings

Apollo Medical Holdings refinanced its existing term loan and revolving credit facility with a new five-year revolving credit facility of $400 million. Truist Bank served as administrative agent.

Centurion Financial Trust Provides $11MM Credit Facility to Assure Holdings

Assure Holdings entered into a definitive agreement with Centurion Financial Trust, an investment trust formed by Centurion Asset Management, in respect to an $11 million credit facility comprised of a $6 million senior term loan, a $2 million senior revolving loan and a $3 million senior term acquisition line.

CIBC Arranges $125MM Increase to SSR Mining’s Revolving Credit Facility

SSR Mining amended its existing undrawn revolving credit facility, increasing the facility size from $75 million to $200 million. CIBC acted as the sole lead arranger, sole bookrunner and administrative agent in connection with the amended credit facility.

Royal Bank of Canada Supports WELL Health Technologies’ Acquisition of MyHealth

WELL Health Technologies entered into a definitive share purchase agreement to acquire all of the issued and outstanding shares of MyHealth Partners. The Royal Bank of Canada is leading a syndicate of banks in providing new senior credit facilities to support the transaction.

Barclays-Led Syndicate Extends and Upsizes Enviva Partners’ Revolver

Enviva Partners amended and restated its senior secured revolving credit facility. The amendment extends the maturity to April 2026 and increases the facility’s size to $525 million. Barclays is administrative agent and collateral agent on the amended and restated credit facility.

Wilmington Trust Enters Credit Agreement with KLDiscovery

Wilmington Trust and certain lenders entered into a new secured credit agreement with KLDiscovery to provide revolving credit loans in an aggregate principal amount of $40 million.

February 9, 2021 Christopher Weiler | KLDiscovery | Royal Bank of Canada | Wilmington Trust Phil Neuffer

JPMorgan and Others Arrange $500MM ABL for NGL Energy Partners

JP Morgan Chase Bank served as issuing lender, joint lead arranger, joint bookrunner and the collateral and administrative agent on a $500 million asset-based revolving credit facility for NGL Energy Partners. The facility will be used to refinance existing debt.

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