1 active facility, size not stated, next covenant test Sep 30, 2026. BTBT
DSCR. Maintain a DSCR of not less than 1.50:1.00. For purposes of this calculation, EBITDA shall mean EBITDA less cash taxes for the applicable test period.Read the filing on sec.gov ↗
Funded Debt to EBITDA. Maintain a ratio of Funded Debt to EBITDA of not greater than 4.50:1.00, stepping down to 4.25:1.00 on December 31, 2027 and 3.75:1.00 on December 31, 2028 and thereafter.Read the filing on sec.gov ↗
Signed Jul 6, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Term Loan Facility | CAD $115m | n/a | 245 bps |
Priced over CORRA (Delayed draw term loan).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level Level 1 | all times | 245 bps | 49 bps |
§1.01
Lenders: Royal Bank of Canada
No amendments on file yet.
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