CES Energy Solutions increases credit facility to CAD 750 million
CES Energy Solutions increased its credit facility by CAD 200 million to approximately CAD 750 million on November 6, 2026. The amended facility matures in 2031 and removes the Total Net Debt to EBITDA covenant.
1. Facility terms
The amended facility includes a CAD 702 million-equivalent syndicated revolving credit facility, with Canadian- or U.S.-dollar draws available through a co-borrower structure. It also includes a CAD 350 million-equivalent accordion feature, and substantially all company assets secure the facility. Bank of Nova Scotia leads the lending syndicate.
