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Dominion Lending Centres Inc. Amends and Extends Credit Facility

Dominion Lending Centres Inc. Amends and Extends Credit Facility

Dominion Lending Centres Inc. 修改並延長信貸額度
GlobeNewswire ·  2023/12/20 00:27

VANCOUVER, British Columbia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Dominion Lending Centres Inc. (TSX:DLCG) ("DLCG" or the "Corporation") is pleased to announce that it has amended and extended its credit facilities with The Toronto-Dominion Bank effective December 19, 2023. The maturity date for the credit facilities has been extended from December 22, 2024 to December 19, 2026.

不列顛哥倫比亞省溫哥華,2023年12月19日(GLOBE NEWSWIRE)——道明貸款中心公司(多倫多證券交易所股票代碼:DLCG)(“DLCG” 或 “公司”)欣然宣佈,它已修改並延長了與多倫多道明銀行的信貸額度,自2023年12月19日起生效。信貸額度的到期日已從2024年12月22日延長至2026年12月19日。

The amended credit facilities are comprised of two senior credit facilities (collectively, the "Senior Credit Facilities") and a junior term credit facility (the "Junior Credit Facility").

修訂後的信貸額度包括兩個優先信貸額度(統稱爲 “優先信貸額度”)和一項初級信貸額度(“初級信貸額度”)。

The Senior Credit Facilities provide the Corporation with a $15 million revolving credit line and a term facility used to pay out the existing senior facilities (the term facility has $36 million drawn at closing). Interest on the Senior Credit Facilities is based on the prime borrowing rate plus an additional amount determined based on the Corporation's total leverage. On closing of the Senior Credit Facilities, the interest rate is anticipated to be equal to the prime borrowing rate.

高級信貸額度爲公司提供1500萬美元的循環信貸額度和用於支付現有高級貸款的定期貸款(該定期信貸額度在結算時提取了3,600萬美元)。優先信貸額度的利息基於優惠借款利率加上根據公司的總槓桿率確定的額外金額。優先信貸額度關閉後,利率預計將等於最優惠借款利率。

The Junior Credit Facility provides the Corporation with a $4.2 million term loan. The Junior Credit Facility is secured by a first charge over all of the Corporation's "non-core business assets" and a junior security interest over the Corporation's "core business assets" (subject to certain security-sharing rights of the Preferred Shareholders). Interest on the Junior Credit Facility is based on the prime borrowing rate plus an additional amount determined based on the Corporation's total leverage. On closing of the Junior Credit Facility, the interest rate is anticipated to be prime plus 75 bps.

初級信貸機制向公司提供420萬美元的定期貸款。初級信貸額度通過對公司所有 “非核心業務資產” 的首次抵押和對公司 “核心業務資產”(受優先股股東某些證券共享權的限制)的次級擔保權益作爲擔保。初級信貸額度的利息基於最優惠借款利率加上根據公司的總槓桿率確定的額外金額。初級信貸額度結束後,預計利率將爲最優惠利率加上75個點子。

About Dominion Lending Centres Inc.

關於 Dominion 貸款中心公司

Dominion Lending Centres Inc. is Canada's leading network of mortgage professionals. DLCG operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., and has operations across Canada. DLCG extensive network includes over 8,000 agents and over 520 locations. Headquartered in British Columbia, DLC was founded in 2006 by Gary Mauris and Chris Kayat.

Dominion貸款中心公司是加拿大領先的抵押貸款專業人士網絡。DLCG通過Dominion Lending Centres Inc.及其三家主要子公司加拿大MCC抵押貸款中心有限公司、馬薩諸塞州抵押貸款建築師公司和牛頓連接系統公司開展業務,業務遍及加拿大各地。DLCG 廣泛的網絡包括 8,000 多名代理和超過 520 個地點。DLC 總部位於不列顛哥倫比亞省,由 Gary Mauris 和 Chris Kayat 於 2006 年創立。

DLCG can be found on Twitter, Facebook and Instagram and LinkedIn @DLCGmortgage and on the web at .

DLCG 可以在推特、臉書和 Instagram 以及 LinkedIn @DLCGmortgage 和網址上找到。

Contact information for the Corporation is as follows:

公司的聯繫信息如下:

Eddy Cocciollo
President
647-403-7320
eddy@dlc.ca
James Bell
EVP, Corporate and Chief Legal Officer
403-560-0821
jbell@dlcg.ca
Eddy Cocciollo
主席
647-403-7320
eddy@dlc.ca
詹姆斯·貝爾
執行副總裁、公司和首席法務官
403-560-0821
jbell@dlcg.ca

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