Ninepoint Partners and Third Eye Capital, whose affiliate, Third Eye Capital Management, is sub-advisor of the Ninepoint-TEC Private Credit Fund and the Ninepoint-TEC Private Credit Fund II, announced that funds exited their senior debt and equity holdings in Cricket Energy.
Third Eye Capital appointed David Steele president and chief operating officer, effective Aug. 15. Previously, Steele served as the Canadian president and CEO of Russell Investments, a global investment firm, where he led and executed the strategic direction of the Canadian business.
Aemetis, a renewable fuels company focused on negative carbon intensity products, signed a non-binding term sheet and is working towards completing $100 million of new debt financing from Third Eye Capital of Toronto.
Resverlogix amended its agreement with Third Eye as administrative agent to extend the maturity date of the its senior secured term loan to September 16, 2019 and reduce the principal to $11.5 million.
Resverlogix accepted a commitment letter for a $30 million senior secured loan with alternative lending firm Third Eye Capital acting as agent for a syndicate of lenders.
Tangelo Games reached an agreement with its lenders led by Third Eye Capital, serving as administrative agent, to waive breaches by the company of certain covenants and amending the covenant thresholds for future periods.
Imperus Technologies has reached an agreement with Third Eye Capital, on behalf of its lenders, to amend certain terms of its outstanding credit agreement.
Dynacor Gold Mines closed a $10 million senior secured credit facility with Third Eye Capital acting as agent for the lenders.