QualityStocksNewsBreaks – Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) Secures $60 Million Credit Facility to Support Growth Strategy
This article has been disseminated on behalf of Quarterhill Inc. and may include paid advertising. Quarterhill (TSX: QTRH) (OTCQX: QTRHF) announced a new $60 million senior secured credit facility with U.S. Private Credit Investments, a division of BTG Pactual Global Alternatives, comprising term loan, delayed draw and revolving credit components to refinance existing obligations, redeem convertible debentures and support working capital. The company also established a $100 million uncommitted accordion to support potential acquisition opportunities, while ATB Cormark Capital Markets and Roth Canada served as exclusive advisors in arranging the financing. To view the full press release, visit https://ibn.fm/GAMfw About Quarterhill…
