Posted By Gbaf News
Posted on July 13, 2018
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.