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Linamar renews C$1.18 billion revolving facility for four years
By Wendy Van Sickle
Columbus, Ohio, Nov. 22 – Linamar Corp. renewed its main bank facility for a four-year term ending in November 2026, according to a news release.
The C$1,175,000,000 revolver is under terms largely consistent with but more favorable than the company’s previous credit facilities, the company said.
The bank facility was led by Bank of Montreal, Toronto-Dominion Bank, Bank of Nova Scotia and National Bank of Canada.
Linamar is a diversified manufacturing company based in Guelph, Ont.
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