Our Toronto, Vancouver and Dallas offices acted as counsel for Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming”) in its new secured C$20 million term loan with a syndicate of lenders led by Beedie Capital. In connection with the term loan, Enthusiast Gaming also issued common share purchase warrants to the new lenders. The team advised Enthusiast Gaming on all aspects of the new loan, including subordination terms with the company’s existing senior lender, as well as securities and exchange approvals and corporate governance aspects of the transaction.

The loan represents a strategic investment that will provide extra capital to Enthusiast Gaming to unlock significant growth opportunities and pursue its long-term vision. Read the Enthusiast Gaming’s press release for more details.

 

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