October 22, 2018

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

Goodmans LLP 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.

Clients note, "A very responsive team, which works well under tight timelines, provides quality work with minimal back and forth, and demonstrates attention to detail." — The Legal 500 Canada
...its borrower-side work and involvement in complex restructuring-related matters is particularly impressing. — The Legal 500 Canada
Clients note, "The team is extremely commercially oriented and able to get to the crux of the issue right away." — Chambers Canada
Clients note, "The firm provides sound advice on various complex and time-sensitive transactions including explaining our options and the related pros and cons to each decision." — Chambers Canada
The department demonstrates considerable experience in managing cross-border transactions and represents a number of global financial services companies. — Chambers Canada
Clients note, the Goodmans team takes a "Pragmatic, commercial view towards getting the transaction closed in a smooth, efficient manner," adding "Partners remain deeply engaged through the transaction." — IFLR1000
One client noted, "They bring a solid, pragmatic and commercial approach to dealing with key legal issues, are flexible and easy to work with, and are client focused." — Chambers Global
Clients remark, "#1 in senior housing sector expertise. #1 in helping network. Very professional and responsive. Great quality work.” — IFLR1000
On the Banking and Finance group, interviewees say: "Goodmans has an amazing team that is very responsive, knowledgeable, reliable and pleasant." — Chambers Global

Site Search

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

Expertise

Banking and Financial Services

Featured Work

Cineplex announces comprehensive refinancing plan

FASHIONPHILE acquires Two Authenticators Business

Gamut Capital Management acquires Extreme Reach

MAV Beauty Brands Inc.'s Restructuring Proceedings

Group led by Michael Andlauer buys Ottawa Senators

Finastra Group $5.32 billion refinancing