On February 7, 2014, Danby Products Limited and Danby Products Inc. (collectively, the Danby Group), entered into a C$150,000,000 asset-based revolving credit facility (5 year tenure). JPMorgan Chase Bank, N.A., Toronto Branch, acted as Administrative Agent for a lending syndicate comprised of three North American financial institutions.
Danby Products Limited was founded in 1947 (in Montreal, Quebec) as a family owned manufacturer of small electrical appliances. Today, the Danby Group is a leading manufacturer of home comfort care and compact appliances.
JPMorgan Chase Bank, N.A. was represented in Canada by Norton Rose Fulbright Canada LLP, with a lead team comprised of David Amato, Serge Levy and Amanda Fortuna.