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Decisive Dividend Corporation Announces Extension and Upsize of Credit Facility
Decisive Dividend Corporation (TSXV: DE) ("Decisive" or the "Corporation") is pleased to announce that it has upsized its revolving credit facility by $25 million to an aggregate $200 million and extended the term of the agreement by one year. The extension maintains the committed three-year term of the credit facility and all drawn amounts now mature in June 2029. In addition, the senior lenders agreed to lower the interest rates on the facility by 0.25%.
About this update from Decisive Dividend Corp.
KELOWNA, BC, June 9, 2026 /CNW/ - Decisive Dividend Corporation (TSXV: DE) ("Decisive" or the "Corporation") is pleased to announce that it has upsized its revolving credit facility by $25 million to an aggregate $200 million and extended the term of the agreement by one year. The extension maintains the committed three-year term of the credit facility and all drawn amounts now mature in June 2029. In addition, the senior lenders agreed to lower the interest rates on the facility by 0.25%. With the upsize, Decisive currently has nearly $50 million in available capacity under the $125 million committed portion of its credit facility, plus an available $75 million accordion, which the Corporation can request as an increase when needed. A summary of the key aspects of the Corporation's revolving credit facility is as follows: Rick Torriero, Chief Financial Officer of Decisive, noted: "We want to thank each member of our lending syndicate. They are great partners, and this upsize to our credit facility, along with the improved pricing, demonstrates their commitment to working with Decisive to help us achieve our objectives. The overall facility provides us with ample liquidity to fund growth in our current operations as well as opportunistically fund acquisitions, as we did when we acquired Be Fire earlier this month. From a future M&A perspective, this credit facility gives us the ability to provide funding certainty to vendors, which differentiates us in the M&A markets we are focused in and, as a result, is strategically important in helping us achieve our growth objectives." About Decisive Dividend Corporation Decisive Dividend Corporation is an acquisition-oriented company, focused on opportunities in manufacturing. The Company's purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The Company uses a disciplined acquisition strategy to identify already profitable, well-established, high quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership. For more information on Decisive, or to sign up for email notificat...
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