Jan. 27 at 9:06 PM
$BNS.TSX
$BNS Upsizes Credit Facility to C
$3.5 Billion, Extends Maturity to 2030.
Exchange Income, the Winnipeg-based diversified acquisition platform operating across Aerospace & Aviation and Manufacturing, just added more dry powder.
Another government-aligned “dog deal” for Canada’s banking cartel: C
$3 billion wasn’t enough, so they handed over another C
$500 million.
Canada’s banks don’t operate like a free market — they function like a protected monopoly, politically directed, insulated from real competition, and constantly backstopped by Ottawa. IMO
National Bank Capital Markets, Canadian Imperial Bank of Commerce, The Toronto Dominion Bank, Royal Bank of Canada, and The Bank of Nova Scotia were named Co-Lead Arrangers
https://pulse2.com/exchange-income-upsizes-credit-facility-to-c3-5-billion-and-extends-maturity-to-2030/