Alliance Atlantis Closes $625M Credit Facility

On December 21, 2004, Alliance Atlantis closed $625 million term and revolving secured credit facilities led by Merrill Lynch, TD Bank and Royal Bank with a syndicate of Canadian and US lenders. The proceeds of the new facilities were used in part to repay the holders of Alliance Atlantis 13 per cent senior subordinated notes.
The lenders were represented in Canada by McCarthy Tétrault LLP with a team led by Barry Ryan (financial services) and including Gordon Baird, Dwight Gomes, Wendy Gwyn Phierry (financial services) and Steven Baum (tax); and in the US by Skadden, Arps, Slate, Meagher & Flom LLP with a team that included Robert Copen, Stephanie Teicher and Christopher Morgan.
Alliance Atlantis was represented in both Canada and the US by Torys LLP with a team that included Adam Delean, Tom Zverina and Milosz Zemanek (lending), John Unger (tax) and Andy Beck and Margaret Walrath (securities).