Alberta · CCAA
Notice of Application - 2026.07.15 [ ]
Application / notice of application · 15 July 2026
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What we verified from this filing1 verified
- secured creditorsnote: Floor figure ('currently in excess of $50 million') as stated in the Application; combines principal owing under the pre-filing Credit Agreement together with principal owing under the (post-filing) Interim Financing Term Sheet, plus interest and fees continuing to accrue - components not separately stated. Lender described as having 'a clear economic priority' in the MTE Group's assets. · page: 4 · amount: 50000000 · debtor: MTE Group (MLG GP Ltd., Active Warehousing Inc., Hydrive Forklift & Equipment Inc., MTE Logistix Calgary Inc., MTE Logistix Edmonton Inc., MTE Logistix Management Inc., Porter Warehousing & Distribution Inc., and MTE Logistix Limited Partnership) · creditor: Fiera Private Debt Fund VI LP (by its general partner, Fiera Private Debt Fund GP Inc.) · currency: CAD · security: Pre-filing Credit Agreement between MTE Group and the Lender; the Lender also acts as Interim Lender under the Interim Financing Term Sheet, secured by the court-ordered Interim Lender's Charge (a second-ranking charge on MTE Group's property behind the Administration Charge), the maximum amount of which was increased from $3,500,000 to $7,000,000