Tantalus Systems重组债务，将信贷安排扩大至2000万美元

2026-06-30 19:23

Tantalus Systems (TGMPF) said on Tuesday it amended its credit facility with Fifth Third Bank, increasing total commitments to $20M.
The amended facility includes a $12M revolving credit facility extended to June 2029, a new $3.5M five-year term loan, and $4.5M in letters of credit capacity maturing in June 2027.
The company expects the amended facility to improve financial flexibility by supporting working capital requirements and providing continued access to letters of credit for commercial bids.
The new term loan will also be used to repay the company's existing Export Development Canada term loan, a move expected to reduce its cost of capital and simplify its financing structure.
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