EDMONTON, AB, May 14, 2026 /CNW/ - McCoy GlobalInc. ("McCoy" or "the Corporation") (TSX: MCB) today announced it has successfully closed a new US$10.0 million asset‑based revolving credit facility (the "ABL Facility" or "ABL") with a leading U.S. Schedule I international banking institution as administrative agent and lender. The ABL Facility provides enhanced liquidity and financial flexibility to support working capital requirements, reduces financing costs, and replaces the Corporation's previous revolving credit facility with a Canadian chartered bank, which was fully repaid and terminated in Q2 2026. No amounts are currently drawn under the ABL Facility.
Read more at newswire.ca
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
MCCOY GLOBAL ANNOUNCES SUCCESSFUL CLOSE OF US$10.0 MILLION CREDIT FACILITY
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
