representative work

Cassels Represents United Leasing, Inc. and ULI Canada Inc. in US$350 Million Revolving Credit Facility

08/14/2017

On June 28, 2017, United Leasing, Inc. (“ULI”) and its wholly owned subsidiary, ULI Canada Inc. (“ULI Canada”), as joint borrowers, entered into a Second Amended and Restated Credit Agreement with a syndicate of lenders, led by Bank of America, N.A., as administrative agent, providing for a US$350 million senior secured revolving credit facility (the “Facility”). The Facility will be used for the working capital needs and general corporate purposes of ULI and its subsidiaries.

Cassels acted as Canadian counsel for ULI and ULI Canada with a team that included Jonathan Fleisher, Carla Potter, Jenna Clark (Financial Services) and Tristan Davis (Student).