Lassonde Enters into $250M Syndicated Credit Facilities

Lassonde Industries Inc. was provided $250,000,000 syndicated credit facilities for its Canadian operations. Bank of Montreal acted as administrative agent for the syndicate of lenders, which included Business Development Bank of Canada. The transaction closed on April 10, 2013.

Lassonde Industries Inc. is a North American leader in the development, manufacture and sale of fruit and vegetable juices and drinks.

Blake, Cassels & Graydon LLP acted for Lassonde Industries Inc. with a team comprising Denis Boudreault, Sébastien Vilder, Francois Dupuis and Gabriel Bastien.

Heenan Blaikie LLP acted for the syndicate of lenders with a team that included Joel Cabelli, Marie-Josée Couture and Joëlle Girard.