Canadian Publicly Traded Firms
11.1 List the major lenders and the amount of loans.
In this time of private equity and leveraged buyouts, lenders may play very strong roles in a firm. For example, Blackstone, a major private equity firm, played a major role in the restricting of Hilton Hotels. If your target firm is highly leveraged (in debt), finding information on lenders is even more important.
Some information about lenders can be found in Annual Information Form available at SEDAR, as well as in the company annual report and on the company web site.
All firms borrowing money in Canada must file with the Personal Property Security Registration System. This is similar to the Uniform Commercial Code (UCC) system that borrowers must use in the U.S. Searches on the PPSRS system currently cost $8.00 Cdn.
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Mergent Market Atlas is the best site for accessing information on lenders.
