Scotiabank Leads $120MM Phoenix Tower Facility
Phoenix Tower International closed a $120 million long term credit facility between its subsidiaries and a consortium of lenders led by Scotiabank.
Phoenix Tower International closed a $120 million long term credit facility between its subsidiaries and a consortium of lenders led by Scotiabank.
Cargojet amended its syndicated banking facility to increase its revolving credit facility from $175 million to $200 million and add a $75 million term loan facility. RBC led the bank syndicate for the transaction.
Las Vegas Sands refinanced its credit agreement with The Bank of Nova Scotia as administrative agent by continuing or replacing existing term loans in an aggregate amount of just over $2.18 billion.
Millicom International Cellular entered into a five-year $600 million revolving credit facility with a group of international and regional banks.
Las Vegas Sands amended its existing credit agreement with The Bank of Nova Scotia as administrative agent and collateral agent providing $2.19 billion in refinancing term loans.
Virgin Media launched a new minimum $750 million senior secured term loan due January 31, 2025. Citigroup is acting as global coordinator on the transaction.
Cathedral Energy Services amended its credit facility with The Bank of Nova Scotia and National Bank of Canada. Export Development Canada has joined Cathedral’s banking syndicate.
Gran Tierra Energy completed the acquisition of PetroLatina Energy for a purchase price of approximately $525 million. Scotiabank agented a $130 million term loan to support the transaction.
Centerra Gold will acquire Thompson Creek Metals in a deal valued at $1.1 billion. Scotiabank will provide a new $325 million revolver and term loan facility to support the acquisition.
CRH Medical entered into an agreement with The Bank of Nova Scotia for a $55 million senior secured revolving syndicated credit facility, an increase from $33 million. The increased facility includes US Bank as a partner to CRH and Scotiabank.