Quebec · CCAA
Report of the Proposed Monitor
Pre-filing report · 6 May 2020
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 filing2 verified
- secured creditorsnote: Related party: Southwest is an affiliated company under common control with Aldo Canada; approx. US$70.7M equivalent stated by Monitor; main secured creditor · page: 8 · amount: 100000000 · debtor: The Aldo Group Inc. (Aldo Canada) · creditor: Southwest Capital Holdings Inc. · currency: CAD · security: Debenture encumbering substantially all assets and undertakings of Aldo Canada
- secured creditorsnote: Approx. US$25.3M equivalent stated by Monitor · page: 8 · amount: 40000000 · debtor: The Aldo Group Inc. (Aldo Canada) · creditor: Investissement Québec (IQ) · currency: CAD · security: Security over information technology infrastructure financed by the loan