Mattr Corp Finalizes Major Credit Facility
Company Announcements

Mattr Corp Finalizes Major Credit Facility

ShawCor Ltd. (TSE:MATR) has released an update.

Mattr Corp. has finalized its credit facility, securing a US$300 million senior secured revolving facility until April 2028 with prominent banks, enhancing its financial agility for business growth. The company’s senior vice president and CFO, Tom Holloway, expresses that the move strengthens Mattr’s liquidity, supporting strategic growth opportunities aimed at increasing shareholder value. Mattr Corp. is a global materials technology firm involved in vital infrastructure markets, focusing on sustainable development and reduced environmental impact.

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

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