Cascades Inc., announces that Greenpac Mill, LLC (“Greenpac”), the Company’s 86.35% owned subsidiary, has successfully entered into an agreement to increase its existing revolving credit facility to\u00a0US$250 million\u00a0from\u00a0US$150 million\u00a0previously. Concurrently, the facility’s maturity has been extended from\u00a0December 2027\u00a0to\u00a0June 2028. All other terms remain unchanged.<\/p>\n\n\n\n
National Bank Financial Markets acted as Lead Arranger and Sole Bookrunner on this transaction. The financing is provided by a syndicate of lenders comprised of National Bank of Canada, M&T Bank, Bank of America, N.A. and Comerica Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cascades Inc., announces that Greenpac Mill, LLC (“Greenpac”), the Company’s 86.35% owned subsidiary, has successfully entered into an agreement to increase its existing revolving credit facility to\u00a0US$250 million\u00a0from\u00a0US$150 million\u00a0previously. Concurrently, the facility’s maturity has been extended from\u00a0December 2027\u00a0to\u00a0June 2028. All other terms remain unchanged. National Bank Financial Markets acted as Lead Arranger and Sole Bookrunner<\/p>\n","protected":false},"author":1,"featured_media":18077,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[505],"class_list":{"0":"post-18076","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-corrugated-folding-carton","8":"tag-cascades"},"_links":{"self":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/18076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=18076"}],"version-history":[{"count":1,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/18076\/revisions"}],"predecessor-version":[{"id":18078,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/18076\/revisions\/18078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media\/18077"}],"wp:attachment":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=18076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=18076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=18076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}