Ontario · CCAA

Sixth Report of the Monitor

Court officer report · 23 October 2026

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing3 verified

secured creditorsnote: Amount left null: the figures are the term loan and the face amount of the letters of credit, not a stated outstanding balance as at a date. · page: 19 · debtor: Debtors (Baffinland group) · creditor: Oaktree Capital Management, L.P. and Hartree Partners, LP (First Secured Lenders) · currency: USD · security: Pre-filing US$126.5 million term loan plus letters of credit with an aggregate face amount of CDN$75.2 million (stated facility amounts, not stated outstanding balances)
secured creditorsnote: US$575M is the aggregate principal issued in 2018, not a stated outstanding balance. · page: 19 · debtor: Debtors (Baffinland group) · creditor: Holders of 8.75% senior secured notes due 2026 (Ad Hoc Committee of Noteholders) · currency: USD · security: 8.75% senior secured notes, US$575 million aggregate principal amount issued June 27, 2018 (original principal, not a stated current balance)
secured creditorsnote: Pre-filing secured facility, separate from the EDC DIP Facility. Stated as fully drawn; no date given for the drawn amount. · page: 19 · amount: 75000000 · debtor: Debtors (Baffinland group) · creditor: Export Development Canada (pre-filing term credit facility) · currency: USD · security: US$75 million term credit facility, described as fully drawn