Brief: Birks Group announces the closing of a new credit facility with Wells Fargo

Birks

26/10/2017 13:45

Oct 26 (Reuters) - Birks Group Inc  BGI.A  
    * Birks Group announces the closing of a new credit facility 
with Wells Fargo replacing its former senior credit facilities 
    * Birks Group Inc - signing of a Cad$85 million senior 
secured revolving credit facility with Wells Fargo Canada 
Corporation on October 23 
    * Birks Group Inc - new credit facility, which matures in 
oct 2022, replaces USD$110 million revolver credit facility, US$ 
31.0 million term loan facility 
    * Birks Group Inc - new credit agreement also provides 
company with an option to increase total commitments under 
facility by up to Cad$13 million 
 
Source text for Eikon:  ID:nBw9VRHMca  
Further company coverage:  BGI.A  
 
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