Brief: Mdf Commerce Enters Monthly Recurring Revenue-Based CAD$50 Mln Senior Secured Credit Agreement
14/10/2020 15:50
Oct 14 (Reuters) - mdf Commerce Inc MDF.TO :
* MDF COMMERCE ENTERS INTO A MONTHLY RECURRING REVENUE
(MRR)-BASED
CAD$50 MILLION SENIOR SECURED CREDIT AGREEMENT
* MDF COMMERCE INC - CREDIT AGREEMENT PROVIDES FLEXIBILITY
TO
SUPPORT CORPORATION'S 5YEAR STRATEGIC PLAN &REPAY IN FULL
CURRENT DEBT MATURING ON DEC 18
* MDF COMMERCE INC - CLOSING OF NEW SENIOR SECURED CREDIT
AGREEMENT IS CONTEMPLATED TO OCCUR ON OR ABOUT OCTOBER 15
* MDF COMMERCE INC - SECURED CREDIT FACILITIES OF UP TO
CAD$50
MILLION BY ENTERING INTO SENIOR CREDIT AGREEMENT WITH BANK OF
NOVA SCOTIA& ROYNAT CAPITAL INC
Source text for Eikon: ID:nCNWTHLPZa
Further company coverage: MDF.TO
((Reuters.Briefs@thomsonreuters.com;))
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