Project Description

About MidSask Terminals

In May 2003, Crown Capital Partners provided a $2.0 million subordinated loan and a $0.5 million bridge loan to Mid-Sask Terminals in May 2003 to refinance its previous lenders. Mid-Sask is a high throughput inland grain terminal established in 1997 and operating in a 100 km region around the Watrous, Saskatchewan area.  Crown Capital Partners exited from the bridge loan in September 2003 and exited from the subordinated loan in September 2004.

Amount:  $2.5 Million

Type:  Secured Term Loan

Purpose:  Recapitalization

Head Office:  Watrous, Saskatchewan

Ownership:  Private

Date:  May 2003

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