Hamilton Specialty Bar Corp., an indirect subsidiary of Delaware Street Capital Master Fund LP, entered into a $50 million asset-backed financing with CIT Business Credit Canada, Inc. on December 31, 2004. Earlier in 2004, Hamilton Specialty Bar had acquired Slater Steel Inc.’s Hamilton specialty bar division.
Hamilton Specialty Bar was represented by Andrew Welsh and Kruti Patel of Ogilvy Renault LLP, under the direction of Gary Katz, director at Delaware Street Capital Master Fund. CIT was represented by Nathan Cheifetz and Martin Herman (financial services) of Blake, Cassels & Graydon LLP.
Hamilton Specialty Bar was represented by Andrew Welsh and Kruti Patel of Ogilvy Renault LLP, under the direction of Gary Katz, director at Delaware Street Capital Master Fund. CIT was represented by Nathan Cheifetz and Martin Herman (financial services) of Blake, Cassels & Graydon LLP.
