Calgary and Montreal advised Saguaro in its private placement of second lien secured notes, providing C$50m in new financing

April 13, 2017

Client: Saguaro Resources

Counsel to Saguaro Resources in the private placement of $50 million of 8.5% second lien secured notes due 2022. This transaction is unique as there are not many second lien note financings have been completed in the Calgary market.

The Calgary and Montreal team was led by Marlow Gereluk, Peter Wiazowski, Marcus Archer, Adam Lamoureux, Jason Giborski, Mario Babic