Alberta · CCAA

Originating Application

Application / notice of application · 27 January 2025

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 filing1 verified

secured creditorsnote: Amount is the sum demanded in the January 16, 2025 demand letters/notices of intention to enforce security (s.244 BIA), plus unquantified legal and professional fees, costs, charges, disbursements and expenses; described in prose as 'Peavey's indebtedness is significantly in excess of $5,000,000'. This facility refinanced pre-existing secured indebtedness previously owed to Royal Bank of Canada, as agent, in December 2024 (prior RBC-agented facility discharged/replaced). · page: 4 · as of: 2025-01-16 · amount: 66414413.41 · debtor: Peavey Industries LP · creditor: 1903P Loan Agent, LLC, as administrative agent for the Lenders (syndicate including 1903 Partners, LLC) under the 1903 Credit Agreement · currency: CAD · security: Guarantees and security agreements from Peavey Industries General Partner Limited, TSC Stores GP Inc., and Guys Freightways Ltd. (guarantors) supporting the 1903 Credit Agreement dated December 20, 2024