CALGARY, AB, April 25, 2023 /CNW/ - CES Energy Solutions Corp. ("CES" or the "Company") (TSX: CEU) (OTC: CESDF) is pleased to announce that it has successfully entered into an amended and restated credit agreement dated April 25, 2023 (the "Amended and Restated Credit Agreement") with respect to its syndicated and operating credit facilities (the "Credit Facility"). Led by the Bank of Nova Scotia as Agent and a syndicate including The Toronto-Dominion Bank, ATB Financial, Bank of Montreal, Wells Fargo Bank, HSBC Bank Canada, Canadian Imperial Bank of Commerce, Business Development Bank of Canada, and Canadian Western Bank, the total size of the increased Credit Facility is approximately C$ equivalent $700.0 million consisting of a Canadian Term Loan Facility of $250.0 million and an aggregated revolving facility of approximately C$ equivalent $450.0 million. The Credit Facility matures on April 25, 2026 and is secured by substantially all of the Company's assets and includes customary terms, conditions and covenants.
Read more at newswire.caCES ENERGY SOLUTIONS CORP. ANNOUNCES CANADIAN TERM LOAN FACILITY AND AMENDMENT AND EXTENSION TO ITS SYNDICATED CREDIT FACILITY
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