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Freehold Royalties Increases Credit Facilities Agreement to $400 Million
Nov 14, 2024•over 1 year ago
Contract Type
agreement
CalgaryEnergyOil And GasRenewable EnergyDescription
Freehold Royalties Ltd. announced an amendment to its credit facilities agreement with its syndicate of four Canadian banks, increasing the facilities from $300 million to $400 million. The amended credit facilities provide more financial flexibility and improved liquidity for the Company going forward. The credit facilities carry an option to increase the revolving facility by an additional $100 million, subject to the consent of the lenders.
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