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.

DON’T MISS OUT!
Subscribe To Our Newsletter
Be the first to get the latest updates and exclusive content straight to your inbox.
Submit
Give it a try, you can unsubscribe anytime.
DON’T MISS OUT!
Subscribe To Our Newsletter
Be the first to get the latest updates and exclusive content straight to your inbox.
Submit
Give it a try, you can unsubscribe anytime.
Close