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Tervita closes US$200 million extension to its US$1.8 billion credit facilities

Fasken
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Tervita Corporation

On January 24, 2012, Tervita Corporation (formerly known as CCS Corporation) closed a US$200 million incremental term loan under its existing credit facilities from a syndicate of lenders, bringing aggregate credit facilities to US$2 billion. Borrowings will provide liquidity for growth capital investments and financial support for operations going forward. Tervita is a leader in environmental and energy services, providing a range of services to natural resource and industrial clients in Canada and the US. Fasken Martineau assisted Tervita with a team of lawyers that included Gary Rose, Lloyd Symons, Michael Wright, Harpreet Nahal, Andrew Jackson, KC Miu and Brian Wright.

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