KELOWNA, BC, Feb. 12, 2024 /CNW/ - Decisive Dividend Corporation (TSXV: DE) ("Decisive" or the "Corporation") is pleased to announce it is seeking to increase its overall debt capacity by $107 million through a new syndicated credit facility providing for a committed $100 million senior secured revolving term loan and a $75 million accordion facility (the "Credit Facility"). The syndicate is expected to include National Bank of Canada, through National Bank Financial Markets ("National Bank") and Canadian Western Bank, through its wholly-owned division CWB Maxium Financial Inc. ("CWB"), who together would act as co-lead arrangers and joint bookrunners, as well as Royal Bank of Canada ("RBC") and Fédération des caisses Desjardins du Québec ("Desjardins") (collectively the "Syndicate"). It is expected that National Bank will act as administrative agent on behalf of the Syndicate.
Read more at newswire.caDecisive Dividend Corporation Announces Proposed New Syndicated Credit Facility
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