TD Bank, BMO, Others Upsize Innergex Revolver to $475MM
Innergex Renewable Energy increased its revolving credit facility to $475 million from $425 million. TD Securities and BMO Capital Markets were lead arrangers.
Innergex Renewable Energy increased its revolving credit facility to $475 million from $425 million. TD Securities and BMO Capital Markets were lead arrangers.
Alamos Gold increased the size of its credit facility from $150 million to $400 million. Scotiabank, BMO Capital Markets and TD Securities led the transaction.
The Chesswood Group has exercised the $50 million accordion feature in its existing revolver with a bank syndicate led by Royal Bank of Canada to support the continued growth of its Pawnee Leasing portfolio.
Detour Gold closed a $500 million senior secured credit facility with its existing bank group. Bank of Montreal served as administrative agent.
Syntax Systems acquired Core Services to create a North American technology services firm offering cloud managed services. TD Securities served as administrative agent and joint bookrunner and joint lead arranger with National Bank of Canada for the senior secured credit facilities.
Chesswood Group exercised $30 million of the $80 million accordion feature in its existing revolver with a group of banks led by Royal Bank of Canada.
Energy Transfer Equity entered into a $2.2 billion senior secured term loan agreement with Credit Suisse, Cayman Islands Branch as administrative agent.
Penn National Gaming entered into new senior secured credit facilities and completed its previously announced refinancing. Bank of America served as administrative agent and collateral agent.
Consolidated Communications Holdings secured a new incremental term loan facility for its pending acquisition of FairPoint Communications, an all-stock merger valued at approximately $1.5 billion.
Shaw Communications extended the maturity date of its five-year $1.5 billion credit facility from December 2019 to December 2021. TD Securities served as lead arranger and sole bookrunner.