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St. Marys Cement (Canada) loan of US$450 million from Bank of America, N.A.

Date Closed

October 28, 2010

Lead Office



450.00 Million USD

On October 28, 2010, St. Marys Cement (Canada) and various related US entities obtained financing in amount of US$450 million from Bank of America, N.A, as agent and certain other lenders, consisting of US$125 million revolving facility and a US$325 million term facility.

St Marys Cement Inc. is a leading manufacturer of cement and related construction products in the United States and Canada. Headquartered in Toronto, St Marys Cement Inc. supplies cementitious materials to the Great Lakes Region and is also a significant producer of concrete and aggregates to the Ontario market.

McCarthy Tétrault LLP represented St. Marys Cement, with a team led by Richard Higa.