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| Home : Liquor Stores N.A. Ltd Announces New $150 Million Revolving Credit Agreement |
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Feb 11
2012 |
Liquor Stores N.A. Ltd Announces New $150 Million Revolving Credit Agreement |
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EDMONTON, ALBERTA--(Marketwire - Feb. 10, 2012) - Liquor Stores N.A. Ltd. (the "Company" and "Liquor Stores") (TSX:LIQ), Canada's largest private liquor retailer (based upon number of stores and revenue) today announced that it entered into a new $150 million revolving credit facility. The new agreement replaces the Company's prior credit agreement and has a term of three years (subject to further extensions). The banks participating in the new credit agreement are Canadian Imperial Bank of Commerce ("CIBC"), HSBC Bank Canada, and National Bank of Canada. The amount available under the revolving credit facility can be increased by up to $50 million upon the agreement of existing or additional lenders. |
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| Source:http://www.marketwire.com/mw/release.do?id=1618540&sourceType=3 |
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