Mattr Announces Closing of Credit Facility Extension

Executive Summary

• Mattr Corp. closed an amendment to its senior secured revolving credit facility, extending the $300 million facility until October 2030.
• The extension provides additional long‑term liquidity and financial flexibility for the company’s growth initiatives.
• No change to the total committed amount; the amendment solely extends maturity and reinforces balance‑sheet strength.

Key Details

• Facility Size: US$300 million senior secured revolving credit facility.
• Original Lenders/Co‑lead Arrangers: The Toronto‑Dominion Bank, National Bank of Canada (co‑lead arrangers); Royal Bank of Canada, JP Morgan Chase Bank, Export Development Canada, ATB Financial (lenders).
• Amendment Terms: Extension of maturity date to October 2030; no change to principal amount or borrowing base.
• Purpose / Use of Facility: Provides liquidity to support disciplined capital allocation, execution of corporate strategy, and pursuit of value‑accretive growth opportunities.
• Management Comment: Tom Holloway, SVP Finance & CFO, stated the amendment “further strengthens our balance sheet” and offers “additional long‑term financial flexibility despite market uncertainties.”

Notable Quotes

“The extension of our credit facility further strengthens our balance sheet and provides us with additional long‑term financial flexibility despite market uncertainties,” – Tom Holloway, SVP Finance & CFO, Mattr Corp.