Brief: Chesswood exercises accordion feature under credit facility

Chesswood

13/04/2017 13:30

April 13 (Reuters) - Chesswood Group Ltd  CHW.TO  
    * Chesswood exercises accordion feature under credit 
facility 
    * Has exercised $30 million of $80 million accordion feature 
in its existing corporate revolving credit facility 
    * Chesswood Group Ltd says credit facility permits company 
to increase size of facility to an aggregate of $250 million 
from $170 million 
    * Chesswood Group Ltd says facility matures in December 2019 
and chesswood had drawn $154 million under facility as of end of 
March 
 
Source text for Eikon:  ID:nCCNb2TlX9  
Further company coverage:  CHW.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))