On November 5, 2024, Taiga Building Products, a leading independent wholesale distributor of building materials in Canada, secured a $250 million senior secured revolving credit facility. This facility, arranged by a syndicate of lenders led by the Bank of Montreal, is intended to support Taiga's working capital needs and general corporate purposes.

The credit facility will mature on December 20, 2027, and is secured by a first perfected security interest in all real and personal property of the company and certain of its subsidiaries.

Norton Rose Fulbright acted for Bank of Montreal with a team that includes David M.A. Amato, Matthew Lippa, Eric Vice, Breanne Matheson, and Josh White.