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Ogilvy Renault Acts for Bank of America (Canada Branch) in $85 Million Restatement

CLIENT

Bank of America (Canada Branch)

DATE

n/a

Ogilvy Renault recently acted as counsel to Bank of America, N.A., who completed a restated $85 million senior secured credit facility to Carfinco Income Fund. Carfinco Income Fund is Canada's leading automotive specialty finance income fund. The restatement increases the senior debt facility by $20 million and further diversifies the credit facility with the addition of Bank of Montreal joining BoS (USA) Inc. and Bank of America in the syndicate.

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