ISC Extends Credit Facility
News Source : Financial Post
News Summary
- The previous Credit Facility was due to become current debt on the Company’s balance sheet in September 2025.
- As part of the amendment, the term of the Credit Facility has been extended to July 2029.
- ISC will maintain access to a $150 million accordion option (up from $100 million under the previous agreement), providing the flexibility to upsize the aggregate revolving credit facility to $400 million.
- A change in the covenants will also provide additional balance sheet flexibility to ISC.
ISC Credit Facility has been extended to July 2029.The Credit Facility remains at $250 million with continued access to an upsized accordion option of $150 million. Provides [+6724 chars]
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