Dominion Lending Centres Extends and Expands Credit Facilities

Dominion Lending Centres, Inc. (Canada) Class A ( (TSE:DLCG) ) just unveiled an announcement.

Dominion Lending Centres Inc. has announced an amendment and extension of its credit facilities with The Toronto-Dominion Bank, extending the maturity date to February 18, 2030. The revolving credit facility has been increased by $10 million, enhancing the company’s financial flexibility which is anticipated to support future operational needs and strategic initiatives.

More about Dominion Lending Centres, Inc. (Canada) Class A

Dominion Lending Centres Inc. is Canada’s leading network of mortgage professionals, operating through its subsidiaries, including MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc., and Newton Connectivity Systems Inc. With operations across Canada, DLCG has a vast network of over 8,500 agents and more than 500 locations. The company, headquartered in British Columbia, was founded in 2006.

YTD Price Performance: 7.15%

Average Trading Volume: 107,732

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$658.4M

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