On December 6, 2023, HaiSea Marine Limited Partnership, a limited partnership between Seaspan ULC and HN Projects Limited Partnership (an entity of the Haisla First Nation, a native band whose traditional territory includes the area in and around Kitimat, British Columbia), secured financing by way of a term credit facility provided by a syndicate of lenders led by The Toronto-Dominion Bank (TD), as Agent.
Establishment of the credit facility will support financing the construction and operation of two new escort tug vessels and three new harbor tug vessels to provide ship escort and tug harbor services for LNG tankers calling at the LNG Canada Development Inc. export facility in Kitimat, British Columbia.
Fasken represented TD as Agent for a syndicate of lenders with a team comprised of Andrew Jackson (Lead), Mishaal Gill (Banking and Finance), KC Miu (Banking & Finance) and Sanjay Bowry (Banking and Finance).
Jurisdiction
- British Columbia
