SIR Royalty Income Fund Announces that SIR Corp. Extends and Increases its Debt Financing

SIR Royalty Income Fund (TSX: SRV.UN) (the “Fund”) announced that SIR Corp. (“SIR” or the “Company”), the operating entity from which the Fund earns equity income and interest income, made certain amendments to its credit agreement (“Credit Agreement”).

The Credit Agreement, which established the Company’s debt financing, was amended to provide for, among other things, an increase to the maximum available amount under its revolving term credit facility from $10 million to $30 million and an extension of the maturity date to July 6, 2021.

For further details of the amendments described above, please refer to the amending agreement associated with the Credit Agreement, a copy of which will be available under the Fund’s profile on SEDAR at www.sedar.com.

 Stay Updated To Save Money & Time. Join Our Free Newsletter 
. Indepth Analysis & Opinion       . Interviews      . Exclusive Reports  
. Free Digital Magazines      News & updates      . Event Invitations 
                     
& Much More Delivered To Your Inbox For Free.
Submit
We Will Not Spam, Rent, or Sell Your Information.
All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.

 
 Stay Updated To Save Money & Time. Join Our Free Newsletter 
. Indepth Analysis & Opinion       . Interviews      . Exclusive Reports  
. Free Digital Magazines      News & updates      . Event Invitations 
                     
& Much More Delivered To Your Inbox For Free.
Submit
We Will Not Spam, Rent, or Sell Your Information.
All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.

 
Close
Stay Updated To Save Money & Time. Join Our Free Newsletter. 
. Indepth Analysis & Opinion       Interviews          . Exclusive Reports 
. Free Digital Magazines        . News & updates        . Event Invitations
& Much More Delivered To Your Inbox For Free. 
Submit
We Will Not Spam, Rent, or Sell Your Information.
All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.
 
Close