Avigilon Corporation $240 million financing

13/11/2015
Financing

$ 240 million

Announced

13/11/2015


Overview:

  • Avigilon Corporation has received $240 million financing.
  • The credit facility consists of a $100 million multi-currency revolving acquisition facility, a $40 million real estate term loan and a $100 million multi-currency credit revolving facility.
  • HSBC Bank Canada acted as agent and lead arranger on the deal. 
  • The borrower is a developer and manufacturer of network video management soft- and hardware.

Katrin Kostadinova - Data analyst 

Jurisdiction:

Canada

Deal type:

Financing

Practice area:

Banking

Governing law:

Canada

Industry sector:

Technology and telecommunications


Firms:

Party: HSBC Bank plc (Lead arranger, Lender)

Party: Syndicate of lenders (Lender)

Lawyer: Michael Birch


Party: Avigilon Corporation (Borrower)


Party: Avigilon Corporation (Borrower)


Party: Syndicate of lenders (Lender)

Party: HSBC Bank Canada (Lender, Lead arranger)