Private Debt Steps In for Canadian Companies as Banks Pull Back

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  • Lenders at Third Eye Capital and Callidus Capital fill void
  • Shadow bankers get outsized yields to fund riskier companies

Private Debt Steps in for Canada Firms as Banks Pull Back

When Dynacor Gold Mines Inc. applied for a loan to finish a new ore processing mill in Peru, Canadian banks didn’t think it was a good bet.

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