NFI gets extensions of dates for credit facility amendments, waivers

By Wendy Van Sickle

Columbus, Ohio, July 31 – NFI Group Inc. said it received an extension of the date for the completion of the required amendments and the financial covenant waivers under its existing North American senior secured credit facility to Aug. 25 and Aug. 31, respectively, to support completion of its previously announced comprehensive refinancing plan, according to a news release.

NFI said it has also received confirmation of the extension of the maturity date and financial covenant waivers under its senior secured U.K. credit facility to Aug. 31.

The company expects to close all elements of the refinancing plan concurrently prior to Aug. 31.

NFI is global provider of sustainable bus and motor coach solutions and is based in Winnipeg, Man.

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