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News Stories (21 Results) - CIBC

Mullen Group Ltd. entered into a new credit agreement with Canadian Imperial Bank of Commerce ("CIBC"). The CIBC Credit Facility is a $100.0 million revolving demand credit facility to finance the Corporation's general operating requirements... Read Story
October 01, 2021, 07:07 AM


CIBC Innovation Banking provied a $15 million acquisition credit facility to Pennsylvania-based Blue Cloud Pediatric Surgery Centers (“Blue Cloud”), a leading provider of pediatric dental services in ambulatory surgical centers across the country.... Read Story
September 30, 2021, 07:40 AM


CIBC Innovation Banking announced the opening of its new office in London to support the ambitions of UK-based entrepreneurs and their Venture Capital-backers by providing growth capital across a number of innovation ecosystems.Since the launch of... Read Story
September 28, 2021, 07:32 AM


Peerage Realty Partners completed approximately C$175 million (USD$139.2 million), three-year revolving credit facilities.The revolving credit facilities also provide access to additional financing of approximately C$75 million on an uncommitted... Read Story
August 10, 2021, 07:00 AM


CIBC Innovation Banking provided a $5 million credit facility to Nevada-based Karbon Inc., which provides industry-leading practice management software for accounting firms. The company plans to use the facility to support its hiring plans and... Read Story
August 06, 2021, 07:34 AM


SSR Mining amended its existing undrawn revolving credit facility on favorable terms, increasing the Facility size from US$75 million to US$200 million. The new Facility includes an upsized accordion feature from US$25 million to US$100 million and... Read Story
June 08, 2021, 07:45 AM


GURU Organic Energy, Canada’s leading organic energy drink brand, entered into a three-year committed $10 million credit facility with the Canadian Imperial Bank of Commerce (“CIBC”), replacing its current facilities.“This credit facility with... Read Story
April 22, 2021, 07:28 AM


CIBC Innovation Banking provided a $10 million credit facility for New York-based MayStreet Inc., an industry-leading market data technology and content provider. The credit facility is available to help the rapidly growing fintech firm further scale... Read Story
March 25, 2021, 08:05 AM


Victoria Gold Corp. entered into a credit agreement with a syndicate of banks, comprised of Bank of Montreal, as Joint Bookrunner, Co-Lead Arranger and Administrative Agent, CIBC, as Joint Bookrunner and Co-Lead Arranger, and BNP Paribas, as Co-Lead... Read Story
December 22, 2020, 08:00 AM


Next Edge Capital Corp. (Next Edge Capital) announced the closing of a revolving credit facility for $47,500,000 with CIBC and NELI Canada LP, a special purpose funding vehicle utilized by the Next Edge Private Debt Fund.Next Edge Capital is an... Read Story
October 31, 2019, 08:40 AM


sPower, a leading renewable energy Independent Power Producer (IPP), announced that the company closed on the debt financing and tax equity commitment for Prevailing Wind Park, in Bon Homme, Charles Mix and Hutchinson Counties in South Dakota.Lenders... Read Story
September 23, 2019, 08:00 AM


CIBC announced Mike Williams joined as Managing Director, CIBC Bank USA in Chicago responsible for business development in the Midwest for Asset-Based Lending. Williams brings 20 years of Asset-Based Lending related experience.  Most recently, he... Read Story
June 20, 2018, 07:09 AM


Superior Plus Corp. announced that it has entered into an agreement with NGL Energy Partners LP to acquire all of the outstanding equity interest in NGL Propane, LLC, NGL Energy’s retail propane distribution business, for total cash consideration of... Read Story
May 31, 2018, 08:00 AM


HomEquity Bank announced that it has secured a $120 million senior revolving credit facility, secured by a portfolio of reverse mortgages. This Facility has been provided by a syndicate of five leading lenders and is renewable annually. CIBC served... Read Story
August 29, 2017, 07:00 AM


The PrivateBank announced it has extended a $9.125 million credit facility to City Wholesale, Inc., a wholesale distributor of tobacco, candy and groceries, based in Birmingham, AL.The PrivateBank is a part of PrivateBancorp, Inc., and delivers... Read Story
November 16, 2016, 07:06 AM


CIBC announced that it has entered into a definitive agreement to acquire PrivateBancorp, Inc. and its subsidiary, The PrivateBank, a high-quality Chicago-based middle market commercial bank with U.S.$17.7 billion in assets, complemented by private... Read Story
June 30, 2016, 07:52 AM


Catalyst Paper Corporation announced the amendment of its asset-based lending credit facility. The amendment included an increase of the maximum revolving credit commitments by $25 million to $250 million. The ABL facility lenders are CIBC as... Read Story
May 10, 2016, 07:33 AM


Danier Leather Inc. has entered into a third amended and restated credit agreement with its existing lender Canadian Imperial Bank of Commerce, which converts the company's existing operating and revolving credit facilities into a senior secured... Read Story
August 28, 2015, 07:53 AM


Silver Standard Resources announced the closing of a new $75 million senior secured revolving credit facility. The Canadian Imperial Bank of Commerce acted as the sole lead arranger, sole bookrunner and as administrative agent in connection with the... Read Story
August 05, 2015, 07:08 AM


Bridging Finance announced that Dennis McCluskey has joined the company as Senior Advisor to its executives and as a member of the Credit Committee. In this role, McCluskey will advise on the origination, structuring and adjudication of credit... Read Story
April 29, 2015, 07:09 AM


Bri-Chem Corp., a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids and steel pipe,has increased and extended its Asset Based Lending Facility ("ABL Facility") by $10 million from $80 million to $90 million... Read Story
November 21, 2013, 07:53 AM