Experience

The Bank of Nova Scotia and Bank of Montreal co-lead syndicate of international lenders in amendment and restatement of $600 million revolving loan to a leading provider of advanced space technologies

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Overview

Client

A syndicate of lenders with The Bank of Nova Scotia and Bank of Montreal acting as co-lead arrangers

On April 5, 2022 a syndicate of lenders led by The Bank of Nova Scotia (“Scotiabank") and Bank of Montreal (“BMO”) completed the amendment and restatement of a $600 million syndicated credit facility for a leading provider of advanced space technologies.

Financing provided by the credit facility will, among other things, finance the general corporate purposes and working capital requirements of the Borrower and its Subsidiaries.

Fasken advised the syndicate of lenders led by Scotiabank and BMO with a team led by David Ferris and including Daniel Leslie, Armand Benitah, Felix Gutierrez, Anne-Sophie La Rue and Thomas Wexler.

Jurisdiction

  • Ontario

Team

  • Armand M. Benitah, Partner | Patent Agent | Trademark Agent | Trademarks Law, Toronto, ON, +1 416 868 3470, [email protected]
  • Félix Gutierrez, Partner | Project Finance, Montréal, QC, +1 514 397 5136, [email protected]
  • Thomas Wexler, Partner | Banking & Finance, London, +44 (0)20 7917 8564, [email protected]
Armand M Benitah Toronto Lawyer Armand M. Benitah Partner | Patent Agent | Trademark Agent | Trademarks Law Toronto, ON +1 416 868 3470
+1 418 640 2050
Félix Gutierrez Associé/Partner Montréal Félix Gutierrez Partner | Project Finance Montréal, QC +1 514 397 5136
Thomas Wexler, Partner | Banking & Finance Thomas Wexler Partner | Banking & Finance London +44 (0)20 7917 8564