Texada Announces $25.0 Ml. U.S. Agreement for Recapitalization of Equipment Rental Business
05/11/2012 May 11, 2012 – $25.0 Ml. U.S. Revolving Senior Secured Line of Credit Facility with a four year term – Interest rate of one month LIBOR plus 325 bps; no scheduled principal payments – Approximately $13.2 Ml. U.S. is expected to be funded at closing leaving $11.8 Ml. undrawn and available, subject to applicable…