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Itafos Amends and Extends Credit Facilities with RBC Capital Markets Syndicate
Sep 09, 2024•almost 2 years ago
Contract Type
contract
Houston
Description
Itafos Inc. has announced the amendment and extension of its existing credit facilities with RBC Capital Markets. The amendment includes refinancing the existing $85 million loan and $35 million letter of credit facility for a new commitment of $100 million and a $30 million letter of credit facility, providing enhanced financial flexibility and liquidity for the Company through the development phase of the H1/NDR project.
Company Information
Company
Itafos
Location
Houston, Texas, United States
About
Itafos Inc. is a company listed on TSX-V (IFOS) and is involved in the development phase of the H1/NDR project and Conda mine life extension through 2037.
Houston