TransForce completes major refinancing of its debt
Date Closed
August 3, 2012
Lead Office
Montréal
Value
800.00 Million CAD
On August 3, 2012, TransForce Inc., completed the refinancing of its existing credit facilities with a banking syndicate of 14 lenders led by National Bank Financial as sole bookrunner and co-lead arranger and RBC Capital Markets and Bank of America Merrill Lynch in their capacity as co-lead arrangers, for the purpose of, among other things, increasing the total available under of the existing revolving facility to an amount of C$800 million and extending its maturity date to August 2015.
TransForce, headquartered in Montréal, Québec, is a transport and logistics company.
McCarthy Tétrault LLP represented National Bank Financial and the lenders, with a team led by Michel Deschamps.