Fiera extends revolver to 2026, increases capacity to C$700 million

By Marisa Wong

Los Angeles, April 20 – Fiera Capital Corp. announced it amended its senior unsecured revolving facility to extend the maturity date to April 20, 2026 from June 30, 2023 and increase the borrowing capacity to C$700 million from C$600 million.

The extension and increase were unanimously supported by the existing group of lenders in the syndicate, and pricing and financial covenants remain largely unchanged.

As of March 31, C$429 million was drawn under the credit facility.

Fiera Capital is an independent asset management firm based in Montreal.

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