A syndicate of lenders led by Scotiabank provided a new credit facility to Horizon North Logistics. The credit facility includes an extended maturity date to Dec. 31, 2022 and an increase in credit availability from $150 million to $175 million.
AVI Global Trust has extended its JPY4. billion ($38 million) revolving credit facility with Scotiabank Europe, effective immediately.
Mexico’s Profluent Plastic Technologies closed a three-part syndicated loan for MXN1.14 billion ($61.1 million) from five lenders, led by the sole bookrunner BBVA.
Anglo Pacific Group has agreed to a $30 million increase to its revolving credit facility and extended the term by 12 months to September 2022.
Alamos Gold amended its existing undrawn revolving credit facility, including an increase from $400 million to $500 million on more favorable terms.
Maple Leaf Foods has become the first company in Canada to secure sustainability-linked terms for its credit facilities. BMO Capital Makets acted as sustainability structuring agent.
OFG Bancorp and Scotiabank signed an agreement for OFG’s subsidiary, Oriental Bank, to acquire Scotiabank’s Puerto Rico operation and U.S. Virgin Island branch operation.
eStruxture Data Centers has secured an expanded $170 million credit facility with a group of Canadian banks led by Scotiabank and National Bank of Canada.
Pinnacle Renewable has expanded its credit facility to $530 million with a syndicate of lenders led by the Bank of Nova Scotia, Bank of Montreal, Royal Canadian Bank and CIBC.