Nova Scotia · CCAA
Pre-Filing Report of the Proposed Monitor
Pre-filing report · 14 February 2025
What we verified from this filing3 verified
- secured creditorsnote: Approximate outstanding indebtedness; security opinion not yet completed by Monitor · page: 6 · as of: NOI Filing Date · amount: 9900000 · debtor: GNTI (borrower), with unlimited cross guarantees from all other GNT Group members · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: Primary security over accounts receivable and inventory of the GNT Group; partial guarantee from Export Development Canada
- secured creditorsnote: Approximate outstanding balance of term loans; security opinion not yet completed by Monitor · page: 7 · as of: NOI Filing Date · amount: 2060000 · debtor: GNT Group · creditor: Roynat Inc. · currency: CAD · security: First mortgage on Pellet Mill and Chip Mill properties and certain specific equipment; partial guarantee from Export Development Canada
- secured creditorsnote: Formal demand amount as at date of demand, plus interest and costs · page: 7 · as of: 2024-08-20 · amount: 10368979.1 · debtor: GNTI (borrower), with unlimited cross guarantees from all other GNT Group members · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: Same as above (demand amount)