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A syndicate of banks led by Royal Bank of Canada completes C$140 million financing for mortgage investment company

Fasken
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Overview

Client

Royal Bank of Canada

On August 5, 2022, a mortgage investment company (the "Company") and leading non-bank lender in Ontario, secured C$140 million in financing provided by a syndicate of Canadian banks.

The financing will, among other things, support the Company's working capital and other corporate requirements.

Fasken represented the syndicate of lenders led by Royal Bank of Canada in connection with this transaction with a team comprised of Dev Singh, Daniel Conrad, Nathan Gates and Hussein Rehmanji.

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
  • Nathan L. Gates, Partner, Toronto, ON, +1 416 865 5470, ngates@fasken.com