TD Supports FirstService Acquisition of Global Restoration

FirstService has completed its acquisition of approximately 95% of Global Restoration Holdings for a purchase price of approximately $505 million. TD Bank led a $890 million facility to support the transaction.

JPMorgan Agents New $750MM Facility for Vishay

Vishay Intertechnology has entered into a new $750 million credit facility. JPMorgan served as administrative agent.

BofA Agents $500MM ABL Facility Extension for Resolute

Resolute Forest Products completed a five-year extension of its senior secured ABL revolver an aggregate lender commitment of up to $500 million at any time outstanding. Bank of America served as both administrative and collateral agent on the facility.

Scotiabank, TD Support StorageVault Acquisition of Real Storage

Toronto-based StorageVault has completed the acquisition of the Real Storage portfolio. The Bank of Nova Scotia and TD Securities led a $320 million term loan to support the transaction.

TD Survey: Credit Knowledge Gap Still Exists Among Millennials

Though 82% of millennials believe society will eventually become cashless, TD Bank’s Consumer Spending Index revealed that they’re lacking when it comes to building and maintaining healthy credit habits.

Wells Fargo Agents New $250MM ABL Revolver for Masonite

Masonite International entered into a new amended and restated $250 million asset-based revolving credit facility. Wells Fargo acted as administrative agent on the transaction.

NBC Leads $75MM Upsize to Park Lawn Revolver

National Bank of Canada led a banking syndicate on a $75 million upsize to Park Lawn’s financing arrangement, increasing the borrowing capacity from $150 million to $225 million.

JPMorgan Chase Leads $600MM Revolver for New York Power Authority

JPMorgan Chase led the bank syndicate on a $600 million revolving credit facility for the New York Power Authority. The revolver will support issuance of commercial paper notes and established energy-efficiency programs.

HSBC Agents $20MM Downsize on Western Energy Revolver

HSBC Bank Canada served as administrative agent, lead arranger and sole bookrunner on amendments which reduced the commitment on Western Energy’s syndicated revolving first lien credit facility from $70 million to $50 million.

TD Bank Agents $60MM Upsize to Timbercreek Revolver

TD Bank acted as administration agent on a $60 million increase to Timbercreek Financial’s existing revolving credit facilities, bringing the total borrowing base to $500 million.