Alberta · Court officer
PBFC – First Report
Court officer report · 24 June 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- secured creditorsnote: Facility limit ($335M) is distinct from outstanding utilization ($275M, the reported balance); 15% Provincial Guarantee under FALG Program applies to total facility amount · page: 7 · as of: Restructuring Date · amount: 275000000 · debtor: Picture Butte Feeder Cooperative · creditor: Bank of Montreal (as Agent) and syndicate of Lenders · currency: CAD · security: Revolving credit facilities under First Amended and Restated Credit Agreement dated October 19, 2022, total maximum facility amount $335,000,000; approximately $275 million utilized in active Cattle Loans and Equity Loans as at Restructuring Date
- secured creditorsnote: Opening swingline balance at start of Reporting Period; figures in CAD 000s per statement header · page: 26 · as of: 2025-02-21 · amount: 10422000 · debtor: Picture Butte Feeder Cooperative · creditor: Swingline/prime loan account lenders (BMO-led syndicate) · currency: CAD · security: Swingline (line of credit) account under Credit Agreement