On June 15, 2009, Agnico-Eagle Mines Limited entered into a US$600,000,000 unsecured revolving credit facility made available by a syndicate of lenders. The credit facility, which matures in June 2012, replaced a pre-existing US$300 million credit facility which would have matured in September 2010. The syndicate of lenders was led by The Bank of Nova Scotia, as administrative agent and joint lead arranger, and The Toronto-Dominion Bank, as joint lead arranger and syndication agent, and included Bank of Montreal (co-documentation agent), Canadian Imperial Bank of Commerce (co-documentation agent), Export Development Canada (co-documentation agent), and others. With its existing US$300,000,000 credit facility, the company now has available US$900 million of revolving credit lines.

The lenders were represented by a team from Borden Ladner Gervais LLP that included Howard Silverman and Angela Lin.