Merchant Opportunities Fund gets C$100 million three-year facility

By Wendy Van Sickle

Columbus, Ohio, Jan. 11 – Merchant Opportunities Fund increased its revolving debt facility with the Bank of Montreal as bookrunner and agent to C$100 million funding commitment, according to a news release.

The facility has a two-year term and a C$30 million accordion.

Another bank has been added to the syndicate, bringing the total to three.

The Vancouver, B.C.-based private debt fund focuses on investing in specialty finance portfolios.

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