07:27 AM EST, 01/28/2025 (MT Newswires) -- Adentra ( HDIUF ) overnight Monday extended its credit facilities for five years to Jan. 27, 2030.

The credit facilities provide ADEN include a revolving credit facility of $600 million and a term loan of $225 million.

"The extension of the credit facilities provides us with the financial flexibility to continue our strategic initiatives, including the Destination 2028 plan of achieving US$3.5 billion in run-rate revenues and an average ROIC of 12%," said Adentra ( HDIUF ) Chief Executive Rob Brown. "Importantly, this extension did not significantly change the existing terms, ensuring stability and continuity in our financial planning."

The credit facilities bear interest at a rate equal to SOFR plus up to 225 basis points or the base rate of interest charged by the Lenders from time to time plus 125 basis points.

Shares of the company closed up $0.2 or 0.6%, to $36.35 on Monday on the Toronto Stock Exchange.