On November 23, 2011, Goldcorp Inc. closed a $2.0 billion credit facility with a syndicate of international lenders agented by Bank of Montreal. The credit facility replaces its existing $1.5 billion credit facility. It is intended to be used to finance growth opportunities and for general corporate purposes. The floating rate facility is unsecured and amounts drawn are required to be financed or repaid by November 23, 2016. BMO was represented by Fasken Martineau DuMoulin LLP with a team that included John Torrey, Thomas Meagher and Dev Singh.