| Home : DirectCash Payments Inc. Announces Successful Completion of Credit Facility Amendments to Increase Australian Dollar Sublimit |
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Aug 18
2015 |
DirectCash Payments Inc. Announces Successful Completion of Credit Facility Amendments to Increase Australian Dollar Sublimit |
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CALGARY, AB--(Marketwired - August 17, 2015) - - DirectCash Payments Inc. ("DCPayments" or the "Company") (TSX: DCI) today announced that it successfully closed the previously disclosed refinancing and amendments to increase the Australian dollar sublimit on the Company's credit facility. This amendment provides improved cash flow management through better matching of the denomination of cash flows and debt servicing and repayment, in addition to creating a natural hedge between Australian and Canadian currencies. |
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| Source:http://www.marketwired.com/mw/release.do?id=2048387&sourceType=3 |
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