Canfor Corporation Secures Major Loan Deal
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Canfor Corporation Secures Major Loan Deal

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Canfor (TSE:CFP) has released an update.

Canfor Corporation has secured a significant loan agreement worth approximately USD$315 million, backed by receivables from US countervailing and anti-dumping duties. The company plans to repay the loan through anticipated duty refunds from the US government, with terms allowing extensions and the right to excess duty refund distributions.

For further insights into TSE:CFP stock, check out TipRanks’ Stock Analysis page.

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