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| Home : Enterprise Group, Inc. Announces Increase of Existing Finance Facility to $35 Million |
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Nov 20
2013 |
Enterprise Group, Inc. Announces Increase of Existing Finance Facility to $35 Million |
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ST. ALBERT, ALBERTA--(Marketwired - Nov. 20, 2013) - Leonard D. Jaroszuk, President and CEO of Enterprise Group, Inc. (TSX:E) ("Enterprise" or "Corporation") is pleased to announce that the Corporation has accepted a term sheet presented by PNC Bank Canada Branch (PNC) to increase its current senior secured finance facility from $20.0 million to $35 million at the existing interest rate of prime plus 2%. The finance facility increase is subject to final due diligence of a planned strategic acquisition. |
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| Source:http://www.marketwired.com/mw/release.do?id=1854696&sourceType=3 |
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