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Timbercreek Financial Corp (TF.TO)

TF.TO on Toronto Stock Exchange

9.05CAD
5:07pm GMT
Change (% chg)

$-0.02 (-0.22%)
Prev Close
$9.07
Open
$9.08
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$8.98
Volume
35,313
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72,469
52-wk High
$9.70
52-wk Low
$8.87

Latest Key Developments (Source: Significant Developments)

Timbercreek Financial Announces ATM Offering
Thursday, 21 Jun 2018 

June 21 (Reuters) - Timbercreek Financial Corp ::TIMBERCREEK FINANCIAL ANNOUNCES ATM OFFERING.TIMBERCREEK FINANCIAL - ATM OFFERING THAT ALLOWS COMPANY TO ISSUE COMMON SHARES FROM TREASURY HAVING AGGREGATE GROSS SALES AMOUNT OF UP TO $70 MILLION.TIMBERCREEK FINANCIAL -ATM PROGRAM WILL BE ACTIVATED AT CO'S DISCRETION, WILL END ON EARLIER OF DATE OF DISTRIBUTION OF MAXIMUM AMOUNT & JAN 11, 2020.TIMBERCREEK FINANCIAL CORP - CURRENTLY INTENDS TO USE PROCEEDS, IF ANY, TO REPAY AMOUNTS OWING UNDER ITS SECURED REVOLVING CREDIT FACILITY.  Full Article

Timbercreek Financial secures upsized $400 mln revolving credit facility
Wednesday, 10 Jan 2018 

Jan 9 (Reuters) - Timbercreek Financial Corp ::‍UNDER NEW CREDIT AGREEMENT, TIMBERCREEK FINANCIAL IS PERMITTED TO BORROW UP TO $400 MILLION ON A REVOLVING BASIS​.TIMBERCREEK FINANCIAL SECURES UPSIZED $400 MILLION REVOLVING CREDIT FACILITY.TIMBERCREEK FINANCIAL- ‍ON DECEMBER 21, 2017, CO ENTERED INTO SECOND AMENDED, RESTATED CREDIT AGREEMENT WITH SYNDICATE OF 10 LENDERS FOR REVOLVING CREDIT FACILITIES.TIMBERCREEK FINANCIAL- ‍COMMITMENTS OF LENDERS UNDER REVOLVING CREDIT FACILITY MAY BE INCREASED BY $100 MILLION BY WAY OF AN ACCORDION FEATURE.  Full Article