Home Capital Group announced it has secured a $2 billion line of credit that will carry an interest rate of 10% and a 2.5% standby fee. They also announced their HISA deposits have fallen y more than $500 million in the past few weeks to $1.4 billion.
http://www.newswire.ca/news-releases/home-capital-announces-non-binding-agreement-in-principle-with-major-institutional-investor-for-credit-line-of-2-billion-620463103.html
