Kraken Robotics Enters into New Credit Agreement to Support Continued Growth [Yahoo! Finance]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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Source: Yahoo! Finance
Inc. (TSX-V: PNG, OTCQB: KRKNF) ("Kraken" or the "Company"), announced that it has entered into a credit agreement (the “ Credit Agreement ”) with The Bank of Nova Scotia (the “ Lender ”) for credit facilities (the “ Credit Facilities ”) that are expected to provide added financial flexibility to support the Company's continued growth. The Credit Facilities consist of: (i) a revolving 3-year term facility of up to $35 million (subject to meeting certain borrowing base requirements based on eligible receivables and inventory) (the “ Revolver ”); (ii) a $10 million revolving capital expenditure line of credit; (iii) a $10 million uncommitted letter of credit facility; and (iv) an uncommitted accordion facility of up to $30 million (the “ Accordion ”). The Credit Facilities replace in its entirety the Company's existing credit facilities with Royal Bank of Canada which were paid out using funds drawn from the Credit Facilities effective April 19, 2024. The Credit Facilities bear inte
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BNS
Earnings
- 2/27/24 - Beat
BNS
Sec Filings
- 5/3/24 - Form 424B2
- 5/3/24 - Form 424B2
- 5/3/24 - Form 424B2
- BNS's page on the SEC website