Solutions 2 GO enters into $175 million asset-based revolving facility and letter of credit facility

Lawyers Serge Levy, Matthew Lippa, Victoria Everett

On July 12, 2012, Solutions 2 GO Inc. obtained an asset-based revolving facility and letter of credit facility in the aggregate principal amount of $175 million made available by Bank of America, N.A. (acting through its Canada branch) (“Bank of America”), as Agent for a syndicate of Lenders including Bank of America, Royal Bank of Canada, Bank of Montreal, PNC Bank Canada Branch and Comerica Bank.

Solutions 2 GO Inc. is Canada’s largest full-line distributor of video game entertainment products, and is also a merchandiser of value video games and game accessories, serving Canadian retailers and video game manufacturers.

Bank of America, as Agent was represented by Norton Rose Canada LLP, with a team comprised of Kevin J. Morley, Serge Levy, Matthew Lippa and Victoria Everett.