Brief: High Liner Foods Reduces And Extends Debt Facilities

High Liner Foods

16/10/2019 20:41

High Liner Foods Inc  HLF.TO :
    * HIGH LINER FOODS REDUCES AND EXTENDS DEBT FACILITIES
    * HIGH LINER FOODS INC - TERM LOAN B FACILITY AMENDED TO
$300
MILLION WITH OCTOBER 2026 MATURITY
    * HIGH LINER FOODS INC - PRINCIPAL AMENDMENTS TO ABL
FACILITY
INCLUDE REDUCING AMOUNT OF FACILITY FROM $180 MILLION TO $150
MILLION
    * HIGH LINER FOODS INC - PRINCIPAL AMENDMENTS TO ABL
FACILITY
INCLUDE EXTENDING TERM FROM APRIL 2021 TO APRIL 2023.
    * HIGH LINER FOODS INC - TO USE CASH ON HAND AND BORROWINGS
UNDER
ABL FACILITY TO REDUCE TERM LOAN B BY $24 MILLION

Source text for Eikon:  ID:nCNWTS2dRa 
Further company coverage:  HLF.TO