Quinn Residences, an owner of communities of single-family homes for rent in the Southeast, closed a $500 million revolving credit facility led by JPMorgan Chase.
Pan American Silver completed its acquisition of all of the issued and outstanding common shares of Yamana Gold following the sale by Yamana of its Canadian assets by way of a plan of arrangement under the Canada Business Corporations Act.
Ero Copper amended its existing senior secured revolving credit facility to increase the aggregate commitments from $75 million to $150 million and extend the maturity from March 2025 to December 2026.
Fortuna Silver Mines amended its existing senior secured revolving credit facility with BNP Paribas, The Bank of Nova Scotia, Société Générale and other financial institutions and lenders, to increase the maximum facility amount by $50 million to $250 million.
Ritchie Bros. closed an amendment to its credit agreement with a syndicate of lenders to support the closing of its proposed merger with IAA. BofA Securities, RBC Capital Markets, Goldman Sachs and Wells Fargo Securities served as joint bookrunners for the agreement.
SilverCrest Metals refinanced its $120 million secured project financing facility, of which only $90 million was drawn, with a new $120 million senior secured credit facility through a syndicate of lenders comprised of The Bank of Nova Scotia and Bank of Montreal.
CBRE Group entered into a new five-year revolving credit agreement that increases its revolving credit facility to $3.5 billion from $3.15 billion.
Capstone Copper closed the amendment and extension of its corporate revolving credit facility from $225 million to $500 million plus a $100 million accordion and extended the facility by four years. The Canadian Imperial Bank of Commerce is the administrative agent for the facility.
FLEETCOR Technologies amended its pro-rata credit facility, increasing the overall facility size from $4.01 billion to $4.5 billion and extending the maturity to a new five-year term ending in June 2027. Bank of America is the administrative agent.
Kinross Gold Corporation arranged a new $1 billion term loan. The Bank of Nova Scotia, HSBC Bank Canada and RBC Capital Markets were the joint lead arrangers of the facility.