Scotiabank Expands Fortuna Facility
Fortuna Silver Mines expanded its existing $40 million revolving credit facility with the Bank of Nova Scotia.
Fortuna Silver Mines expanded its existing $40 million revolving credit facility with the Bank of Nova Scotia.
HudBay Minerals closed a $300 million corporate revolver on similar terms to the $100 million facility it replaced and was co-arranged by The Bank of Nova Scotia and Canadian Imperial Bank of Commerce.
Silver Wheaton increased the available credit from $1 billion to $2 billion. The Bank of Nova Scotia and Bank of Montreal acted as co-lead arrangers, joint bookrunners and lenders.
Mountain Province Diamonds announced the company received credit approval for the previously announced $370 million term loan facility. Scotiabank, Natixis S.A. and Nedbank Limited are mandated lead arrangers.
Touchstone Exploration entered into a three-year, $50 million credit agreement with The Bank of Nova Scotia as administrative agent, collateral agent and initial lender.
St Andrew Goldfields announced it has retired its entire $7 million owing on a term loan facility with Scotiabank and extended its $10 million revolver for two years.
AutoCanada announced it entered into a new flooplan facility totaling $550 million, with Scotiabank as lead syndicate partner and agent. The financing supports the company’s dealership acquisition efforts.
Allied Nevada Gold announced it entered into the second amended and restated credit agreement with Scotiabank acting as agent.
SilverCrest Mines said it has entered into a three-year $40 million secured corporate credit facility with The Bank of Nova Scotia.
Centric Health announced that the company refinanced its existing debt facilities arranged through a syndicate of lenders led by National Bank Financial and including TD Securities, Scotiabank, ATB Financial and Bank of Montreal.