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Canam Group completes refinancing programs

Date Closed

October 2, 2006

Lead Office



128.00 Million CAD

On October 2, 2006, Canam Group Inc. completed its refinancing program by entering into a 3 year C$80 million revolving syndicated credit facility. National Bank Financial acted as Sole Lead Arranger for a banking syndicate.  As part of its refinancing program, Canam Group Inc. also entered into a 10 year C$47,685,000 term credit facility with GE Canada Equipment Financing G.P.

McCarthy Tétrault LLP advised the syndicate of lenders with a team led by Michel Deschamps.