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HSBC Bank Canada leads syndicate in loan financing

Fasken
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Overview

Client

HSBC Bank Canada, Toronto-Dominion Bank, Export Development Canada and Desjardins Group

On August 3, 2022, a Canadian technology manufacturer specializing in IT connectivity components secured US$150,000,000 in financing by way of term loans and a revolving facility to support its day-to-day working capital requirements, general corporate purposes, and to repay existing debt.

Fasken advised the syndicate of lenders led by HSBC Bank Canada and including TD Bank, Export Development Canada (EDC) and Desjardins Group with a team comprised of Dev Singh, Daniel Conrad and Shree Majithia.

Jurisdiction

  • Ontario

Team

  • Dev Singh, Partner | Co-Leader, Banking & Finance Group, Toronto, ON, +1 416 865 4452, dsingh@fasken.com
  • Daniel Conrad, Partner, Toronto, ON, +1 416 868 3351, dconrad@fasken.com
  • Shree Majithia, Business Advisor, Toronto, ON, +1 416 865 4486, smajithia@fasken.com