GreenFirst Forest Products closed $140 million in financing from the Bank of Montreal (“BMO”). The financing includes a $125 million asset-backed revolving credit facility and a $15 million term loan. This refinancing replaced a high yield US$90...
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September 28, 2022, 07:11 AM
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Resolute Forest Products announced a reset of the five-year maturity of its senior secured asset-based revolving credit facility ("ABL credit facility") with an aggregate lender commitment of up to $450 million at any time outstanding, subject to...
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December 16, 2021, 07:40 AM
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A new report by Hilco Global looks at the numerous factors impacting U.S. Forestry markets during the COVID-19 crisis and explores the outlook and timeframe for recovery.Pandemic Impacts Continue to Shape the Course of Forestry Markets, authored by...
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Resolute Forest Products Inc. announced a 5-year extension of its senior secured asset-based revolving credit facility with an aggregate lender commitment of up to $500 million at any time outstanding, subject to borrowing base availability based on...
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Stellus Capital Management, LLC announced that its affiliates provided a senior credit facility and equity co-investment in support of Summit Park's acquisition of Fast Growing Trees, LLC (FGT).Based in Fort Mill, South Carolina, FGT offers consumers...
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February 22, 2018, 07:08 AM
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CatchMark Timber Trust, Inc. announced the refinancing of its existing credit facilities through a syndicate led by CoBank, ACB, increasing its total credit capacity from $500 million to $638 million. The new debt facilities include a $35 million...
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December 08, 2017, 07:18 AM
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The PrivateBank announced it has provided a credit facility to Custom Made Meals and affiliate Custom Corned Beef, LLC as part of the acquisition by affiliates of New Water Capital Partners, L.P.Custom Made Meals and Custom Corned Beef, based in...
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Tembec announced it has entered into a new asset-based secured revolving credit facility which consists of a $150 million revolving credit facility with Wells Fargo Capital Finance Corporation Canada, as administrative agent, and PNC Financial Bank...
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November 19, 2015, 07:59 AM
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Siena Lending Group LLC (“Siena”) announced the completion of a $4 million CAD revolving loan facility for East Fraser Fiber Co. Ltd. and Parallel Wood Products (“East Fraser”). The facility will be used to refinance East Fraser’s existing lender and...
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August 11, 2015, 07:45 AM
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Siena Lending Group announced the completion of an $8 million revolving and term loan facility for Southern Parallel Forest Products Corp. The facility will be used to purchase a sawmill and planer mill as well as providing additional liquidity for...
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Resolute Forest Products Inc. has entered into a new five-year credit agreement for a senior secured asset-based revolving credit facility with an aggregate lender commitment of up to $600 million at any time outstanding, subject to borrowing base...
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