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Home : Intertape Polymer Group Enters into New $300 Million Revolving Credit Facility under Favorable Terms
Nov 19
2014

Intertape Polymer Group Enters into New $300 Million Revolving Credit Facility under Favorable Terms

MONTREAL, QUEBEC and SARASOTA, FLORIDA--(Marketwired - Nov. 18, 2014) - Intertape Polymer Group Inc. (TSX:ITP) ("Intertape" or the "Company") today announced a new 5-year $300 million Revolving Credit Facility pursuant to a credit agreement with a syndicated lending group led by Wells Fargo Bank, National Association, as Administrative Agent, and Bank of America, N.A., as Syndication Agent, replacing the Company's existing $200 million Asset-Based Loan (ABL) due to mature in February 2017. All dollar amounts are denominated in US dollars unless otherwise indicated.
Source:http://www.marketwired.com/mw/release.do?id=1969608&sourceType=3
 
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