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Dexterra Group completes refinancing of C$200 million secured credit facility

Fasken
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Overview

Client

The Bank of Nova Scotia

On September 7, 2021, Dexterra Group Inc. (TSX: DXT) ("Dexterra Group") announced that it entered an amendment to its existing revolving credit facility in the aggregate amount of C$200 million, representing an increase of C$25 million, providing an increase of C$50 million in an uncommitted accordion for, among other things, acquisitions up to total C$125 million.

Dexterra Group delivers a range of support services for the creation, management, and operation of infrastructure across Canada.

David Ferris advised a syndicate of lenders, agented by The Bank of Nova Scotia, in connection with this debt financing.

 

Jurisdiction

  • Ontario

Team

  • David H. Ferris, Partner | Banking & Finance, Toronto, ON, +1 416 865 4391, dferris@fasken.com