Business
Badger Daylighting Ltd. Amends the Terms of Its Revolving Credit Facility
Badger Daylighting Ltd. Amends the Terms of Its Revolving Credit Facility Calgary, A...
About this update from Badger Infrastructure Solutions Ltd
[{"type":"text","content":"Badger Daylighting Ltd. Amends the Terms of Its Revolving Credit Facility \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc;\n\t\t\t\tmargin-left: 2em;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em;\n\t\t\t}\n\t\t\t\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px;\n\t\t\t\t\t-webkit-margin-before: 0px;\n\t\t\t\t\t-webkit-margin-after: 0px;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t } \n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\t\t\t\n\t\t\t \n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\t\t\t \n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t\t \n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\t\t\t \n\t\t\t \n\t\t\t H1.nr-head {font-family: Trebuchet MS;\n\t\t\t \t\tfont-size: 16pt;\n\t\t\t \t\tcolor: #3D86C6;\n\t\t\t \t\tfont-weight:bold;\n\t\t\t \t\ttext-align:center;\n\t\t\t }\n\t\t\t \n\t\t\t H2.nr-sub-head {font-weight: bold;\n\t\t\t \t\tdisplay: block;\n\t\t\t \t\ttext-align: start;\n\t\t\t \t\tfont-family: Arial;\n\t\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t \n\t\t\t .nr-body a { font-size: 11pt; \n\t\t\t }\n\t\t\t \n\t\t\t TABLE { width: auto!important; \n\t\t\t }\n\t\t\n\t\t Badger Daylighting Ltd. Amends the Terms of Its Revolving Credit Facility\n Calgary, Alberta (FSCwire) - Calgary, Alberta - Badger Daylighting Ltd. (the “Company” or “Badger”) amended the terms of its revolving credit facility with The Toronto-Dominion Bank.  Canadian Western Bank and The Bank of Nova Scotia have joined the lending syndicate. The principal amount has been increased from $75 million to $125 million effective January 22, 2014.  The maturity date has been extended to July 22, 2018 after which the entire amount must be repaid. The interest rate remained unchanged.  In addition, as part of the extension, the credit facility contains a $50 million accordion which Badger may request as an increase to the total available facility.  The purpose of the facility is to finance the Company’s growth capital expenditure program and for general corporate purposes.\n\n\n\nBadger is North America’s largest provider of non-destructive excavating services.  Badger tra...