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Timbercreek Financial Corp (TF.TO)

TF.TO on Toronto Stock Exchange

9.23CAD
3:59pm EST
Change (% chg)

$0.05 (+0.54%)
Prev Close
$9.18
Open
$9.20
Day's High
$9.24
Day's Low
$9.18
Volume
70,129
Avg. Vol
82,534
52-wk High
$9.70
52-wk Low
$8.50

Latest Key Developments (Source: Significant Developments)

Timbercreek Financial Announces ATM Offering
Thursday, 21 Jun 2018 06:04pm EDT 

June 21 (Reuters) - Timbercreek Financial Corp ::TIMBERCREEK FINANCIAL ANNOUNCES ATM OFFERING.TIMBERCREEK FINANCIAL - ATM OFFERING THAT ALLOWS COMPANY TO ISSUE COMMON SHARES FROM TREASURY HAVING AGGREGATE GROSS SALES AMOUNT OF UP TO $70 MILLION.TIMBERCREEK FINANCIAL -ATM PROGRAM WILL BE ACTIVATED AT CO'S DISCRETION, WILL END ON EARLIER OF DATE OF DISTRIBUTION OF MAXIMUM AMOUNT & JAN 11, 2020.TIMBERCREEK FINANCIAL CORP - CURRENTLY INTENDS TO USE PROCEEDS, IF ANY, TO REPAY AMOUNTS OWING UNDER ITS SECURED REVOLVING CREDIT FACILITY.  Full Article

Timbercreek Financial secures upsized $400 mln revolving credit facility
Tuesday, 9 Jan 2018 11:39pm EST 

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.  Full Article