On December 23, 2004, Agnico-Eagle Mines Ltd. entered into a revolving credit facility of up to US$100 million made available by a syndicate of domestic and foreign lenders. Agnico-Eagle is an established Canadian gold producer with operations located in northwestern Quebec and exploration and development activities in eastern Canada and the southwestern US. The syndicate of lenders was led by the Bank of Nova Scotia, as co-arranger, administrative agent and technical agent, Société Générale (Canada), as co-arranger and syndication agent, and NM Rothschild & Sons Ltd., as co-arranger and documentation agent.
Agnico-Eagle was represented in the transaction by a team from Davies Ward Phillips & Vineberg LLP composed of Patricia Olasker, Scott Hyman, Melanie Koszegi and Cynthia Cline (corporate) and Sarah Powell (environmental) in Toronto, and a team from Fraser Milner Casgrain LLP that included Pierre Langlois and Sébastien Vilder in Montreal.
The lenders were represented by a team from Borden Ladner Gervais LLP that included Howard Silverman, Nathan Chan and Rick Coburn (environmental) in the Toronto office, and Vincent Frenette and Pierre Coté in Montreal.
Agnico-Eagle was represented in the transaction by a team from Davies Ward Phillips & Vineberg LLP composed of Patricia Olasker, Scott Hyman, Melanie Koszegi and Cynthia Cline (corporate) and Sarah Powell (environmental) in Toronto, and a team from Fraser Milner Casgrain LLP that included Pierre Langlois and Sébastien Vilder in Montreal.
The lenders were represented by a team from Borden Ladner Gervais LLP that included Howard Silverman, Nathan Chan and Rick Coburn (environmental) in the Toronto office, and Vincent Frenette and Pierre Coté in Montreal.
