Ontario · CCAA
Monitor’s First Report to Court (January 21, 2020)
Court officer report · 21 January 2020
A plain-language read of this filing opens with a subscription.
What we verified from this filing4 verified
- secured creditorsnote: Facility/original advance amount ($160 million), not a stated outstanding balance; part of group indebtedness exceeding $360 million per Sellers Initial Affidavit · page: 14 · debtor: Lydian Armenia CJSC · creditor: Orion · currency: USD · security: Co-lender under Credit Agreement dated November 30, 2015 (as amended); $160 million term loan extended jointly with RCF and Osisko, secured over substantially all assets of Lydian Armenia, Lydian International and shares of various Lydian Group entities
- secured creditorsnote: Facility/original advance amount, not a stated outstanding balance · page: 14 · debtor: Lydian Armenia CJSC · creditor: RCF · currency: USD · security: Co-lender under Credit Agreement dated November 30, 2015 (as amended); $160 million term loan; also party to Purchase and Sale Agreement (streaming arrangement) dated November 30, 2015
- secured creditorsnote: Facility/original advance amount, not a stated outstanding balance · page: 14 · debtor: Lydian Armenia CJSC · creditor: Osisko Bermuda Limited · currency: USD · security: Co-lender under Credit Agreement dated November 30, 2015 (as amended); $160 million term loan, secured over substantially all assets
- secured creditorsnote: Aggregated serialized-equipment financiers per instructions; amounts not stated · page: 15 · debtor: Lydian Group · creditor: PPSA equipment financiers (PMSI class) - Ameriabank Closed Joint Stock Company, Caterpillar Financial Services (UK) Limited, ING Bank N.V. · security: Separate secured equipment credit facilities (equipment financing)