AirBoss of America updated its senior secured credit facilities with an expanded syndicate of banks. TD Bank served as sole lead arranger for the facilities, which were updated to increase the revolving credit availability to $250 million, among other changes.
Western Forest Products transitioned its current credit facility into a $250 million sustainability-linked credit facility. Royal Bank of Canada acted as sole bookrunner, co-lead arranger, administrative agent and sustainability structuring agent for the facility.
Intertape Polymer Group entered into a five-year, $600 million credit facility pursuant to an amendment to its existing credit agreement with a syndicated lending group led by Bank of America as administrative agent.
Scotiabank and TD Securities acted as co-lead arrangers and joint bookrunners on a $320 million credit facility for StorageVault. The funding will be used to support the company’s acquisition of Real Storage.
Boralex completed refinancing of its corporate revolving credit facility for an amount of C$130 million. National Bank of Canada acted as lead arranger.
Essential Energy Services entered into a renewed credit agreement with a syndicate of lenders, including National Bank of Canada, The Toronto-Dominion Bank, HSBC Bank Canada and Canadian Western Bank.