logo
Share SHARE
FONT-SIZE Plus   Neg

Keyera Increases And Extends Credit Facility - Quick Facts

Keyera Corp. (KEY.TO) announced that it has agreed on terms with a syndicate of eight lenders to increase the size of its unsecured revolving credit facility from $500 million to $750 million, with the potential to increase to $1 billion, subject to certain conditions.

In addition, the term of the Credit Facility has been extended from November 1, 2015 to December 13, 2016.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Health IQ Insurance Services, a startup focused on providing life insurance for health-conscious individuals, said it has secured $34.6 million in Series C funding, led by Andreessen Horowitz. To date, the company has raised a total of $81 million in funding mostly from its existing investors. General Motors Co. is recalling nearly 49,000 trucks worldwide to fix a fuel tank issue that can increase the risk of a fire. The recall covers Chevrolet Silverado 3500 and GMC Sierra 3500 trucks from the 2011 through 2015 model years, all equipped with dual fuel tanks. Meredith Corp. is reportedly in talks for the acquisition of Time Inc, with a staunch support from billionaire brothers Charles and David Koch. Des Moines-based Meredith is the publisher of Family Circle and Better Homes and Gardens and aims to acquire the publisher of Time, People and Fortune Magazines.
comments powered by Disqus
Follow RTT