Ontario · Foreign recognition (CCAA)
Motion Record of the Foreign Representative dated October 8, 2026
Application / notice of application · 8 October 2026
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 filing3 verified
- secured creditorsnote: This is a postpetition facility, not part of the pre-filing capital structure. The $55 million is a commitment, not a stated outstanding balance. The Second Interim Order states no drawn amount. · page: 27 · debtor: Bamboo Purchaser, Inc. (Borrower); guaranteed by BFG Purchaser Parent, Inc. and subsidiaries · creditor: ACF FINCO I LP, as DIP Agent, and the DIP Lenders (DIP Facility) · currency: USD · security: Superpriority senior secured ABL DIP facility; DIP Liens and superpriority administrative claim, subject only to the Carve Out and the Lien Priority Annex. Facility commitment: $55 million.
- secured creditorsnote: Amount is the 'approximately' $43,079,675.97 of outstanding Prepetition Revolving Loans only. The order states additional unquantified obligations on top: accrued/default interest, letter of credit reimbursement obligations, fees/expenses, bank product, treasury and derivative obligations, indemnities. Debtors' stipulations are subject to the Committee's investigation and Challenge rights (paragraphs 32 and 44). Under the creeping roll-up, Cash Collateral has been paying these loans down since the First Interim Order, with the remainder to be rolled into the DIP Facility on entry of the Final Order. Also: Banking Services and Secured Hedging Obligations were deemed DIP Obligations on entry of the First Interim Order. · page: 34 · as of: Petition Date (August 18, 2026) · amount: 43079675.97 · debtor: Prepetition ABL Obligors (Borrower, Bamboo Purchaser, Inc., and certain other Debtors) · creditor: ACF FINCO I LP, as Prepetition ABL Agent, for the Prepetition ABL Lenders (Prepetition ABL Facility) · currency: USD · security: First-priority liens on ABL Priority Collateral and junior liens on Term Loan Priority Collateral, per the Intercreditor Agreement. Facility size: up to $120,000,000 Aggregate Revolving Commitments (a commitment limit, not a balance); matures December 31, 2028.
- secured creditorsnote: Stated as 'not less than' $299,456,012.99, so this is a floor. Consists of Term Loans A of not less than $137,608,289.31 and Term Loans B of not less than $161,847,723.68, plus other unquantified Obligations (accrued/default interest, fees, costs, expenses, indemnities, and amounts allowable under section 506(b)). Debtors' stipulations are subject to the Committee's investigation and Challenge rights (paragraph 44). Pamplona Equity Partners, L.P., the Debtors' principal equity investor, holds a minority position under the Term Loan Facility (related-party holder). · page: 35 · as of: Petition Date (August 18, 2026) · amount: 299456012.99 · debtor: Prepetition Term Loan Obligors (Borrower, BFG Purchaser Parent, Inc. and certain other Debtors as guarantors) · creditor: Ares Capital Corporation, as Prepetition Term Loan Agent, for the Prepetition Term Loan Lenders (Prepetition Term Loan Facility) · currency: USD · security: First-priority liens on Term Loan Priority Collateral and second-priority liens on ABL Priority Collateral, per the Intercreditor Agreement (dated November 5, 2021).