Metro Enters Into New $600M Revolving Credit Facility

Metro Inc. (“Metro”) entered into a new revolving credit facility agreement in an amount of $600 million made available by a syndicate of lenders led by National Bank Financial, BMO Capital Markets, TD Securities and Caisse centrale Desjardins as co-lead arrangers and co-joint bookrunners.

Metro is a leader in the food and pharmaceutical sectors in Québec and Ontario.

Metro was represented by its Vice President, General Counsel and Corporate Secretary Simon Rivet and assisted by external counsel Norton Rose OR LLP with a team composed of Alain Ricard and Pascal Rodier.

The lenders were represented by Davies Ward Phillips & Vineberg LLP, with a team composed of Sébastien Thériault and Véronique Gaumond-Carignan.