Maple Leaf Foods amends C$2B credit facility to include novel Sustainability KPIs
December 11, 2019
2.00 Billion CAD
On December 11, 2019, Maple Leaf Foods Inc. closed the First Amending Agreement to its Second Amended and Restated Credit Agreement dated as of April 30, 2019 through its existing banking syndicate. The credit facility amendments are the innovative because they incorporate Sustainability Key Performance Indicators consistent with Maple Leaf's vision to be the most sustainable protein company on earth.
Maple Leaf Foods is a producer of food products under leading brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, Field Roast Grain Meat Co. and Swift. Based in Mississauga, Ontario, it does business in Canada, the United States and Asia.
McCarthy Tétrault LLP advised the administrative agent and lenders with a team led by Stephen Furlan and D.J. Lynde.