PNC Bank Canada Branch completed a C$38 million ($28 million) financing package for DCM Group, a leading provider of construction, maintenance, fabrication and shutdown services for industrial projects throughout Canada.

The PNC financing includes a C$30 million ($22.4 million) revolving line of credit and an C$8 million ($6 million) revolving letter of credit facility. The company will use the funds to refinance existing senior bank debt, to issue letters of credit and for ongoing working capital.

Montreal-based DCM Group supports downstream infrastructure for oil and gas companies, servicing the oil and gas, mining and metals, manufacturing, infrastructure and power/generation and utilities industries.