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Home : Altus Group Amends and Increases Senior Credit Facility to $200 Million
Apr 29
2015

Altus Group Amends and Increases Senior Credit Facility to $200 Million

TORONTO, ONTARIO--(Marketwired - April 28, 2015) - Altus Group Limited ("Altus Group" or "the Company") (TSX:AIF), a leading provider of commercial real estate services, software and data solutions, announced today that it has amended and expanded its revolving bank credit facility (the "Facility") to further strengthen the Company's borrowing capability in support of its growth strategy. The Facility increases Altus Group's borrowing capacity to $200 million (from $159.7 million), extends the term by five years to April 28, 2020 and includes other improvements including lower bank margins and greater flexibility in borrowing terms.
Source:http://www.marketwired.com/mw/release.do?id=2014305&sourceType=3
 
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