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TBL Taiga Building Products Ltd

3.69
-0.03 (-0.81%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Taiga Building Products Ltd TSX:TBL Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -0.81% 3.69 3.66 3.80 3.80 3.76 3.76 5,100 22:00:00

Taiga Announces New Credit Facility

21/12/2022 10:00pm

PR Newswire (Canada)


Taiga Building Products (TSX:TBL)
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BURNABY, BC, Dec. 21, 2022 /CNW/ - Taiga Building Products Ltd. ("Taiga" or the "Company") (TSX: TBL) announces that it has entered into a new $250 million senior secured revolving credit facility (the "Facility") with a syndicate of lenders led by the Bank of Montreal and including Scotiabank, Bank of America, TD Bank and CIBC.  The Facility will mature on December 20, 2027 and is secured by a first perfected security interest in all real and personal property of the Company and certain of its subsidiaries. Russ Permann, President and Chief Executive Officer of Taiga, commented: " We're very proud of the relationship we've built with our senior lenders.  This credit facility renewal is a reflection of the strength of our enterprise and will support us in our pursuits in the coming months and years."

Taiga Building Products Ltd. Logo (CNW Group/Taiga Building Products Ltd.)

SOURCE Taiga Building Products Ltd.

Copyright 2022 Canada NewsWire

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