"80 Goodmans lawyers ranked as top-tier in 31 areas of law." - Canadian Legal Lexpert Directory
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.

Vicwest Enters into $120 Million ABL Facility

2014

Areas Banking and Finance Law, Commercial Real Estate, Corporate and Commercial, Corporate Finance and Securities, Environmental Law, Tax

Summary

Goodmans represented Vicwest Inc., who as borrower, entered into a five year, $120 million revolving senior secured asset-based lending facility including a $25 million accordion feature, with a syndicate of lenders led by Canadian Imperial Bank of Commerce, as administrative agent on March 12, 2014.  Vicwest is a leading North American manufacturer and distributor of engineered storage and handling systems for agricultural products as well as building construction products for agricultural, commercial, industrial and residential markets.

The syndicate of lenders included Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada and Scotiabank Asset Finance, a division of The Bank of Nova Scotia.  Canadian Imperial Bank of Commerce and National Bank of Canada acted as co-lead arrangers and Royal Bank of Canada acted as the syndication agent.