Ivanhoe Cambridge Enters into $250M Credit Facility

Ivanhoe Cambridge entered into a $250 million senior secured credit facility on May 14, 2009, made available by a syndicate of domestic lenders. The syndicate of lenders was led by Royal Bank of Canada, as administrative agent, and RBC Capital Markets and National Bank Financial as joint lead arrangers.

Ivanhoe Cambridge was represented and led by senior legal counsel Patty Keroglidis, and by Heenan Blaikie LLP with a team comprised of Tony Kiru, Jim Russell and Stephen Morris in the Toronto office, and Joel Goldberg, Joel Cabelli and Marie-Josée Couture in the Montréal office.

The lenders were represented by Osler, Hoskin & Harcourt LLP with a team comprised of Michael Matheson, Rod Davidge and Brodie Swartz in the Toronto office.