Scotiabank appointed Francisco Aristeguieta to the role of group head of international banking, effective May 1. In parallel to Aristeguieta’s appointment, Ignacio Deschamps announced his intention to retire from Scotiabank at the end of April.
Phoenix Tower International amended and restated its senior credit facilities to consolidate and expand them into a single $2 billion senior secured multi facility transaction covering all of North and South America.
Stingray Group completed the increase and extension of its existing credit facilities, which now total $442.5 million. A syndicate of banks led by National Bank of Canada, Bank of Montreal and Fédération des Caisses Desjardins as co-lead arrangers is providing the credit facilities.
Waterous Energy Fund closed the amalgamation of Strathcona Resources and Osum Oil Sands. Concurrent with the amalgamation, Strathcona Resources secured a new covenant-based C$1 billion ($830 million) credit facility, with TD Securities serving as administrative agent.
JPMorgan and Others Expand Dominion Energy’s Credit Facilities, Introduce Sustainability-Linked Pricing
Dominion Energy completed the syndication of sustainability-linked credit facilities totaling $6.9 billion, including a $6 billion master credit facility for which JPMorgan Chase Bank, Mizuho Bank, BofA Securities, The Bank of Nova Scotia and Wells Fargo Securities acted as joint lead arrangers.
Truist Securities served as left lead arranger, Fifth Third Bank acted as joint lead arranger, Union Bank acted as syndication agent and Regions Bank acted as documentation agent on a $400 million revolving credit facility with a $150 million accordion for Anthem Entertainment.
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.