Materials technology company Mattr closed on its credit facility with TD Bank and National Bank Financial Markets as co-lead arrangers and joint bookrunners, and Royal Bank of Canada, JPMorgan Chase, Export Development Canada and ATB Financial as lenders. The Credit Facility extends the company’s $300 million senior secured revolving facility through April 2028.
“This new revolving facility, combined with our recently executed bond placement and strong cash position, gives Mattr the financial flexibility and balance sheet certainty to further accelerate the profitable growth of our businesses,” Tom Holloway, senior vice president of finance and CFO for Mattr, said. “We will remain opportunistic towards both organic and inorganic initiatives that we expect to create value for all shareholders.”
