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Stonebriar Commercial Finance Amends US$2 Billion Revolving Syndicated Credit Facility


On May 9, 2024, Stonebriar Commercial Finance, a leading commercial and structured finance company in North America, closed an amendment to its secured revolving credit facility, increasing the size of the facility to US$2 billion and extending the facility’s maturity date to May 2028. The facility provides Stonebriar with committed, multi-year funding across its business platforms. Pursuant to the amendment, various new lenders joined the syndicate led by Bank of America, N.A., as facility agent.

Cassels acted for Stonebriar.

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