Mattr Announces Closing of Its Credit Facility
22 Abril 2024 - 4:10PM
Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced that
it has successfully closed on its credit facility (the “Credit
Facility”) with The Toronto-Dominion Bank and National Bank
Financial Markets as Co-Lead Arrangers and Joint Bookrunners, and
Royal Bank of Canada, JP Morgan Chase Bank, Export Development
Canada and ATB Financial as lenders. The Credit Facility extends
the US$300 million senior secured revolving facility through April
2028.
“This new revolving facility combined with our recently executed
bond placement and strong cash position gives Mattr the financial
flexibility and balance sheet certainty to further accelerate the
profitable growth of our businesses,” said Tom Holloway, Mattr’s
SVP, Finance and CFO. “We will remain opportunistic towards both
organic and inorganic initiatives that we expect to create value
for all shareholders.”
About Mattr
Mattr is a growth-oriented, global materials
technology company broadly serving critical infrastructure markets,
including transportation, communication, water management, energy
and electrification. The Company operates through a network of
fixed manufacturing facilities. Its two business segments,
Composite Technologies and Connection Technologies, enable
responsible renewal and enhancement of critical infrastructure
while lowering risk and environmental impact.
For further information, please contact
Meghan MacEachernVP, External Communications & ESG
Telephone: 437.341.1848Email: meghan.maceachern@mattr.comWebsite:
www.mattr.com
Source: Mattr Corp.
MATTR (TSX:MATR)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
MATTR (TSX:MATR)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024