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United Kingdom

North American Construction Group Announces $300 Mln Credit Facility


Friday, 23 Nov 2018 

Nov 23 (Reuters) - North American Construction Group Ltd ::NORTH AMERICAN CONSTRUCTION GROUP LTD. ANNOUNCES $300M CREDIT FACILITY.NORTH AMERICAN CONSTRUCTION GROUP LTD - ANNOUNCED TODAY AN UPSIZED $300 MILLION AMENDED AND RESTATED CREDIT AGREEMENT.NORTH AMERICAN CONSTRUCTION GROUP LTD - CREDIT FACILITY WITH AN ABILITY TO INCREASE MAXIMUM BORROWINGS BY AN ADDITIONAL $50 MILLION.NORTH AMERICAN CONSTRUCTION - ALONG WITH UPGRADED CREDIT FACILITY, EQUIPMENT FINANCING LIMIT HAS BEEN INCREASED TO $150 MILLION UP FROM $100 MILLION.NORTH AMERICAN CONSTRUCTION GROUP LTD - TERM OF CREDIT FACILITY IS COMMITTED FOR 3 YEARS, WITH AN OPTION TO EXTEND ON AN ANNUAL BASIS. 

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