Core-Mark Enters Asset-based Credit Facility

On October 12, 2005, Core-Mark International entered into an asset-based credit facility in the aggregate amount of US$250 million, including a Canadian $110 million facility, each agented by JPMorgan Chase Bank, NA. Core-Mark is one of the largest full-service distributors of packaged consumer products to the convenience retail industry in North America, with over 20,000 retail locations in 37 states and five Canadian provinces through its 24 distribution centres.

Core-Mark was represented by Goodmans LLP in Canada with a team that consisted of Celia Rhea, Glenn Ernst, David Bish and Peter Jovicic, and by Weil, Gotshal & Manges LLP in the US with a team that consisted of Richard Millard, Jacob Fisher, Bettina de Catalogne and Ryan Gallagher.

JPMorgan Chase Bank, as administrative agent, was represented by Ogilvy Renault LLP in Canada with a team that consisted of Kevin Morley, David Amato and Barry Segal, and by Mayer, Brown, Rowe & Maw LLP in the US with a team that consisted of Marshall Stoddard, Jr., and Leila Tredemeyer.