January 10, 2018 / 4:46 AM / 8 months ago

BRIEF-Timbercreek Financial secures upsized $400 mln revolving credit facility

Jan 9 (Reuters) - Timbercreek Financial Corp:

* ‍UNDER NEW CREDIT AGREEMENT, TIMBERCREEK FINANCIAL IS PERMITTED TO BORROW UP TO $400 MILLION ON A REVOLVING BASIS​

* TIMBERCREEK FINANCIAL SECURES UPSIZED $400 MILLION REVOLVING CREDIT FACILITY

* TIMBERCREEK FINANCIAL- ‍ON DECEMBER 21, 2017, CO ENTERED INTO SECOND AMENDED, RESTATED CREDIT AGREEMENT WITH SYNDICATE OF 10 LENDERS FOR REVOLVING CREDIT FACILITIES

* TIMBERCREEK FINANCIAL- ‍COMMITMENTS OF LENDERS UNDER REVOLVING CREDIT FACILITY MAY BE INCREASED BY $100 MILLION BY WAY OF AN ACCORDION FEATURE Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below