On July 9, 2004, Patheon Inc. entered into a $110 million and US$11 million credit agreement with a consortium of Canadian banks, which replaced the previous demand facilities with two Canadian lenders. Patheon appointed CIBC as agent for the consortium, which includes HSBC Bank, Bank of Montreal and Royal Bank of Canada.
Patheon was represented by Riccardo Trecroce, general counsel, and Gregory Shepherd, associate general counsel, as well as a team from Davies Ward Phillips & Vineberg comprised of Cameron Rusaw, Derek Vesey, Jeffrey Lem and Jennifer Grossklaus. The administrative agent and lenders were represented by Michael Harquail, Martin Herman, Dorothy Wahl and Michelle Laniel of Blake, Cassels & Graydon.
Patheon was represented by Riccardo Trecroce, general counsel, and Gregory Shepherd, associate general counsel, as well as a team from Davies Ward Phillips & Vineberg comprised of Cameron Rusaw, Derek Vesey, Jeffrey Lem and Jennifer Grossklaus. The administrative agent and lenders were represented by Michael Harquail, Martin Herman, Dorothy Wahl and Michelle Laniel of Blake, Cassels & Graydon.
