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CRH - CRH Medical News Story

C$3.02 0.0  0.0%

Last Trade - 17/09/20

Small Cap
Market Cap £126.5m
Enterprise Value £208.2m
Revenue £77.0m
Position in Universe 513th / 2687

BRIEF-CRH increases credit facility to $100 million

Mon 26th June, 2017 1:30pm
June 26 (Reuters) - CRH Medical Corp  CRH.TO  
    * CRH increases credit facility to US$100 million to fund 
additional growth and retire crown debt 
    * CRH Medical Corp - announces that it has increased its 
credit facility with syndicate of lenders led by bank of nova 
    * CRH Medical Corp - new credit facilities increase amount 
of available credit from us$55 million to us$100 million 
    * CRH Medical Corp - new credit facilities now consist of a 
us$75 million revolving credit facility and a us$25 million term 
    * CRH Medical Corp - new credit facilities also reduce 
interest rate and standby fees payable by CRH 
    * CRH Medical Corp - new credit facilities mature on June 
26, 2020 
    * CRH Medical Corp - new term facility will be repaid in 
quarterly installments of 2.5% of initial principal amount, with 
a balloon payment due upon maturity 
    * CRH Medical Corp - new credit facilities will provide 
funds required to finance acquisitions expected to close the 
    * CRH Medical - new credit facilities provide access to 
uncommitted accordion facility that would increase amount of 
revolving credit facilities available to co by $25 million 
Source text for Eikon:  ID:nCNWVFM8ya  
Further company coverage:  CRH.TO  
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