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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
National Bank of Canada Leads $80MM Revolver for Cobalt 27 Capital
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Lenders/Participants
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National Bank of Canada [Lender]
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Structure
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Revolving Term Credit Facility
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Amount
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$80.000
Million
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Borrower(s)
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Cobalt 27 Capital Corp.
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Description
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The Credit Facility is to be used for general corporate purposes and investments in the mineral industry, including the acquisition of streams, royalties, and other interests. The Company intends to increase the size of the Credit Facility as it builds its cobalt-focused investment portfolio. The Credit Facility is secured by the Company's assets and has an initial term of two years, which is extendable by mutual consent of all Lenders and Cobalt 27. The initial drawdown under the Credit Facility is subject to the satisfaction or waiver of certain conditions precedent customary for a financing of this type.
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Industry
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Metals and Mining
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| Related Tags |
National Bank of Canada
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ABL Advisor
Deal Tables
2025
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