Bank of America Extends Credit Facilities to Algoma Steel

On September 3, 2003, Bank of America, NA, as arranger and agent on behalf of a syndicate of lenders, extended $200 million of credit facilities to refinance the senior credit facility established upon Algoma Steel Inc.’s implementation in 2002 of its plan of arrangement and reorganization.

Algoma was represented by Torys LLP, with a team led by Janie Tremblay, and assisted by Jamie Koumanakos and Matthew Abenstein. The lenders were represented by Ogilvy Renault, with a team led by Kevin Morley, and assisted by David Amato, Jennifer Stam and Arnold Cohen.