High Liner Foods Inc. says its lender Landsbanki, one of three Icelandic banks currently in receivership, has now provided all funds as requested by the Nova Scotia-based seafood company. The announcement yesterday came a day after High Liner announced that Landsbanki had declined to respond to the company's most recent call for more funds under a $120-million revolving credit facility. Less than $15-million of this line had been currently drawn as of Thursday. Landsbanki Islands HF participated in the syndicated lending agreement, which was led by the Royal Bank of Canada, joined by CIT Business Credit Canada Inc. High Liner said yesterday that Landsbanki has confirmed that it intends to continue servicing the seafood company's loan. HLF (TSX) fell 8 cents to $7.90.
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