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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

ABL Cross-Border Financing Provided to CARDONE Industries by Citizens Bank

2018

Areas Banking and Finance Law

Summary

Goodmans acted as Canadian counsel to the Borrower, CARDONE Industries, a leader in the automotive aftermarket, in its ABL cross-border financing with Citizens Bank as Administrative Agent and Brookfield Asset Management as Term Loan Agent.

CARDONE will use the credit facilities to expand its remanufacturing and innovation capabilities, as well as bolster its geographic footprint, while further strengthening its balance sheet and overall capital position.