National Bank of Canada, ATB Financial and Canadian Western Bank provided a $100 million senior secured lending facility to help fund Spartan Delta’s acquisition of substantially all of the assets of Bellatrix Exploration.
Macquarie Infrastructure Partners, BlueMountain Capital Management and Goldman Sachs Bank increased Aligned’s secured credit facility to $575 million. In addition, ING Capital, Shinhan Bank New York Branch and TD Securities joined as new facility lenders.
TD Securities served as joint lead arranger, joint bookrunner and administrative agent on C$255 ($180.58) million in financing to support the recapitalization of Beanfield Metroconnect by Digital Colony.
Bank of America Securities and MUFG Bank acted as joint lead arrangers and joint bookrunners on a new $425 million secured credit facility for Edgewell Personal Care.
Kimco Realty closed a new $2 billion revolving credit facility with commitments from 21 lending institutions, replacing the company’s existing $2.25 billion unsecured revolving credit facility.
Sundance Energy increased its borrowing base to $210 million with an elected commitment of $190 million presently available, and an increase in the facility’s maximum credit amount to $500 million.
LOGISTEC has successfully renegotiated its four-year revolving credit facility, increasing the amount to C$300 million ($228 million), with an option to increase the total amount to C$400 million ($303 million).
Detour Gold has amended its existing credit agreement to provide for a new $400 million senior secured revolving credit facility, with an accordion option allowing the company to increase the size of the facility by another $100 million to a total amount of $500 million.
Jones Energy is emerging from Chapter 11 bankruptcy with a prepackaged plan supported by a $225 million reserve-based credit facility led by TD Securities.