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On June 3, 2025, HostPapa, Inc. (“HostPapa”), a global provider of digital solutions, announced the successful closing of a US$130 million syndicated senior secured credit facility.
The new facility is led by Bank of Montreal ("BMO") and includes participation from a syndicate of leading financial institutions, including The Toronto-Dominion Bank through its TD Innovation Partners division ("TD"), Royal Bank of Canada, Citibank, N.A., Canadian branch, and the Business Development Bank of Canada. This facility replaces the Company's existing credit facility, previously provided by TD, who have continued to maintain their strong support to the company through an equivalent commitment in the new credit facility.
Parties
Company
HostPapa, Inc.
Bank
Bank of Montreal
Deal Type
Financing/InvestmentIndustry
Tech/Computer/ITTransaction
$ 178,054,500Deal Status
ClosedClosing Date
03 June 2025