CECO Environmental Expands Credit Facility to $400 Million-March 2024-www.financetom.com

CECO Environmental Expands Credit Facility to $400 Million

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CECO Environmental Expands Credit Facility to $400 Million

Oct 15, 2024 9:18 AM

08:04 AM EDT, 10/15/2024 (MT Newswires) -- CECO Environmental ( CECO ) said Tuesday that it has upsized its credit facility to a $400 million senior secured revolving credit facility, up from the existing $246 million capacity.

The expanded facility has a five-year term and the option to upsize capacity by $125 million, the company said.

CECO Environmental ( CECO ) said it plans to use the expanded resources to pursue potential opportunities and expand its global market.

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