Interfor Corporation reaches financial close on a $350M financing

On March 28, 2019 Interfor Corporation reached financial close on a C$350-million financing, to be used for general corporate credit purposes. The financing was provided through a syndicate of lenders, co-led by Royal Bank of Canada, TD Securities and Wells Fargo Bank, National Association. Interfor Corporation is one of North America’s largest lumber supply companies, with an annual production capacity of approximately 3.1 billion board feet at its mill facilities in Canada and the United States.

McCarthy Tetrault LLP acted as Counsel to Interfor Corporation and its affiliates with a team that included Kevin Wright, Liezl Behm and Erin O’CallaghanStoel Rives LLP acted as Interfor Corporation’s US counsel with a team that included Duff Bryant, David Levant and Theresa Kim.

Norton Rose Fullbright Canada LLP acted as Canadian counsel to the syndicate of lenders with a team that included David Bain, Richard Sarabando, Matthew Choi, and Amanda Kollman. Peter Mucklestone of Davis Wright Tremaine LLP acted as US counsel to the syndicate of lenders.

Vedder Price acted as Counsel to Interfor Corporation’s noteholders with a team that included Bradley C. Crawford and Steve Ta.

Lexpert Copyrights © Thomson Reuters Canada Limited