On May 29th, 2026, a leading ticketing and live entertainment technology platform, entered into a senior secured credit facility pursuant to a credit and security agreement dated May 29, 2026, providing for a USD $200 million revolving credit facility led by KeyBank National Association as administrative agent in this cross-border syndicated lending transaction.
The financing supports the company’s working capital requirements, growth initiatives and general corporate purposes, and includes customary covenant, collateral and guarantee structures typical of U.S. syndicated lending transactions. Fasken's involvement ensured seamless Canadian law compliance and efficient cross-border coordination for the syndicate.
Fasken acted as Canadian local counsel to KeyBank National Association, advising on Canadian law aspects of the transaction, including security interests, guarantees and cross-border structuring considerations in a multi-jurisdictional syndicated financing.
The Fasken team was led by Aaron Stefan.
Jurisdictions
- Canada
- United States