Edition:
India

Timbercreek Financial secures upsized $400 mln revolving credit facility


Wednesday, 10 Jan 2018 

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. 

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