Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Company”) has extended its $425-million revolving term credit facility with a new five-year term ending in 2018.
The revolving term credit facility serves in part to finance thirteen of the Company's otherwise unencumbered operating facilities, and in part to provide a flexible source of capital to fund the Company's growth. The banking syndicate includes The Toronto-Dominion Bank as administrative agent and lender, Bank of Montreal as syndication agent and lender, and Canadian Imperial Bank of Commerce, Caisse centrale Desjardins, National Bank of Canada, The Bank of Nova Scotia, and Laurentian Bank of Cana-da, also as lenders.
Innergex was represented by its senior director, corporate legal affairs and corporate secretary, Nathalie Théberge, and by its legal counsel, Mathieu Compagnat; and by a team from McCarthy Tétrault LLP under the supervision of Marc Dorion and led by Richard O'Doherty, with the assistance of Laurent Gauthier, Justin Lapedus and Morgan Troke.
The Agent and the lenders under the refinancing were represented by a team led by Vincent Frenette from Borden Ladner Gervais LLP, with the assistance of Olivier Tardif and Christian Lazarre.
The revolving term credit facility serves in part to finance thirteen of the Company's otherwise unencumbered operating facilities, and in part to provide a flexible source of capital to fund the Company's growth. The banking syndicate includes The Toronto-Dominion Bank as administrative agent and lender, Bank of Montreal as syndication agent and lender, and Canadian Imperial Bank of Commerce, Caisse centrale Desjardins, National Bank of Canada, The Bank of Nova Scotia, and Laurentian Bank of Cana-da, also as lenders.
Innergex was represented by its senior director, corporate legal affairs and corporate secretary, Nathalie Théberge, and by its legal counsel, Mathieu Compagnat; and by a team from McCarthy Tétrault LLP under the supervision of Marc Dorion and led by Richard O'Doherty, with the assistance of Laurent Gauthier, Justin Lapedus and Morgan Troke.
The Agent and the lenders under the refinancing were represented by a team led by Vincent Frenette from Borden Ladner Gervais LLP, with the assistance of Olivier Tardif and Christian Lazarre.
Lawyer(s)
Christian A. Lazarre
Marc Dorion
Morgan A. Troke
Olivier Tardif
Justin A. Lapedus
Richard O'Doherty
Vincent Frenette
Laurent Gauthier