GE Capital closed a US$80-million senior revolving credit facility, including a letter of credit subfacility, for Shop Vac Corporation, a company which is best known for the manufacture of wet dry vacuum cleaners.
Shop Vac Corporation was represented in Canada by Norton Rose Fulbright Canada LLP with a team of Arnold Cohen, Matthew Lippa and John Naccarato (real estate). Shop Vac Corporation was also represented in the United States by Loeb & Loeb LLP with a team that included Miriam Cohen, Kevin Eisenberg, Loukia Harris and Joe De Vesta (real estate).
GE Capital was represented in Canada by McCarthy Tétrault LLP with a team that included Richard Higa, David Badour and Mendel Trapedo (real estate). GE Capital was also represented in the US by Paul Hastings LLP with a team that included Mario Ippolito and Tahira Prince and Mark Eagan and Jessica Wald (real estate).